(Bloomberg) -- Australia's consumer prices probably picked up in the first quarter, keeping annual inflation at the top of the central bank's target range and adding to expectations interest rates will rise next week.
The consumer price index, the key inflation gauge, gained 0.6 percent in the first quarter after falling 0.2 percent in the previous three month, according to the median estimate of 24 economists surveyed by Bloomberg News. The Bureau of Statistics releases its report tomorrow at 11:30 a.m. in Sydney.
Read more at Bloomberg Bonds News
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment