The Australian Bureau of Statistics released the Consumer Price Index, Australia data for the March 2013 quarter today and while the inflation rate rose a little, this was mainly due to the fact that the base March-quarter 2012 was unusually … Read the rest of this entry
The Australian Bureau of Statistics released the Consumer Price Index, Australia data for the June 2012 quarter today and the inflation rate continues to plummet in the face of a slowing economy. The trend over the second half of 2011 … Read the rest of this entry
The Australian Bureau of Statistics released the Consumer Price Index, Australia data for the March 2012 quarter today and the inflation rate has plummetted in the face of a slowing economy. The trend over the second half of 2011 was … Read the rest of this entry
The Australian Bureau of Statistics released the Consumer Price Index, Australia data for the September 2011 quarter today and it revealed that the easing in the inflation rate detected in the June quarter has continued. The last three quarters have … Read the rest of this entry
Today I was trawling through old issues of the now-defunct The Public Interest quarterly today and unfortunately stumbled on a recent issue of its successor National Affairs (Number 9, Fall 2011 edition) which carried an article – Inflation and Debt … Read the rest of this entry
The Australian Bureau of Statistics released the Consumer Price Index, Australia data for the June 2011 quarter today and it revealed a significant easing of the inflation rate on last quarter (0.9 per cent compared to 1.6 per cent in … Read the rest of this entry
The Australian Bureau of Statistics released the Consumer Price Index, Australia data for the March 2011 quarter today and it revealed a sharp spike in the headline inflation rate (up 1.6 per cent for the quarter) but a very benign … Read the rest of this entry
The Australian Bureau of Statistics released the Consumer Price Index, Australia data for the December 2010 quarter today and it showed that inflation continues to fall. The ABC News reported that – CPI figure comes in below expectations. Who’s expectations … Read the rest of this entry
The UN Food and Agriculture Organisation (FAO) released their monthly index of food prices yesterday (January 5, 2011) which showed that the index reached a record high in December 2010 “surpassing the levels of 2008 when the cost of food … Read the rest of this entry
When does the word down mean down? Answer for all of us mortal folks: when something is consistently pointing downwards. Answer for the bank economists: never when it is applied to movements in the Consumer Price Index – down means … Read the rest of this entry
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Full employment abandoned: shifting sands and policy failures
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