Australian's Inflation Expectations Decline To 8-Month Low In May

Discussion in 'Fundamental Analysis' started by Angela_Riplay, May 12, 2016.

  1. Angela_Riplay

    Angela_Riplay Forum Member

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    Inflation expectations among Australians declined to the lowest level in eight month in May, with weak first-quarter consumer price data having a negative effect on expectations. The Melbourne Institute Survey of Consumer Inflationary Expectations revealed that Australians expect that the price level will increase 3.2% over the next 12 months,[​IMG]

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