Thursday, February 01 2018
The Consumer Price Index (CPI) rose 0.6 per cent in the December quarter 2017. Certainly no early RBA hike here! was Shane Oliver's immediate tweet.
The CPI rose 1.9 per cent through the year to December quarter 2017 having increased 1.8 per cent through the year to September quarter 2017. Still beow the RBA's target band.