Inflation contained; Subdued Chinese growth

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Inflation, Weekly petrol prices; Chinese Economic data Inflation contained: The TD Securities-Melbourne Institute monthly inflation gauge rose by 0.7 per cent in December to stand 2.7 per cent higher than a year ago. Petrol prices slide: According to the Australian Institute of Petroleum, the national average Australian price of unleaded petrol rose by 1.0 cent per

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Record increase in petrol price

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Weekly petrol prices; Job advertisements; Chinese trade & inflation data Petrol prices lift: According to the Australian Institute of Petroleum, the national average Australian price of unleaded petrol rose by a record 7.3 cents per litre to a 12-week high of 153.4 cents a litre in the week to December 8. The increase reflects the

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Inflation contained; Term deposits at decade low

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Inflation gauge; Private sector credit; Overseas economic data Inflation contained: The TD Securities/Melbourne Institute monthly inflation gauge rose by 0.2 per cent in September to stand 2.1 per cent higher than a year ago. Private sector credit (loans outstanding) rose by 0.3 per cent in August after a 0.4 per cent increase in July. Credit stands 3.4

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PEFO non-event; Businesses still gloomy

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Pre-Election Economic & Fiscal Outlook; NAB business survey No change: It was almost certain that the Pre-Election Economic & Fiscal Outlook (PEFO) figures were going to be the same as those in the Economic Statement, a document released on August 2 just before the election was called on August 4. There were no surprises. The figures

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Inevitable future inflation will favour resources…

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The resource sector continues to be under pressure despite the raging bull market in the US. Unfortunately the currently tepid recovery in the US. economy, as a serviced based economy, is not strong enough to lift metals prices, which are being hampered by weaker Chinese economic growth and investment demand as well as high inventory

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Inflation dragon in chains

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The Consumer Price Index – the main measure of inflation in Australia – rose by 0.4 per cent in the March quarter, below expectations for a lift of around 0.7 per cent. In seasonally adjusted terms the CPI rose by 0.1 per cent. The CPI stands 2.5 per cent higher than a year ago. The

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Australian inflation surprises on the downside

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March quarter inflation came in at just 0.4%, which is less than the 0.7% rise that the consensus of economists had expected and left annual inflation at 2.5% which is right in the middle of the RBA’s 2-3% target range. While health and education costs saw their normal March quarter seasonal surge and electricity costs

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Global monetary policies could trigger higher inflation

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The aggressive reflationary monetary strategies currently being pursued by major governments globally are likely to result in higher inflation in many economies in the immediate future, which investors will need to take into account, says Yu-Ming Wang, Nikko AM’s chief investment officer – international. In his paper Re-emergence of Inflation Expectations in Asia, Mr Wang

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Inflation or Deflation: Are we about to find out?

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Avid readers of The van Eyk View and our other publications know all too well the importance we give to inflation regimes as predictors of future returns. In fact, in the Interactive Asset Allocation Model recently made available on our online research portal iRate, the likelihood attributed to each of four different inflation scenarios (Functional

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Barrage of economic data

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There is a barrage of economic data coming out… Retail trade: Retail spending fell by a surprising 0.8 per cent in July after lifting by 1.2 per cent in June. Annual spending growth fell from 5.3 per cent to 3.5 per cent. Sales fell across all eight states and territories. The biggest drop in spending

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