Tuesday, Jan 16, 2007
Official govt inflation release
Firstrung: Inflation figures - the highest on record
CPI annual inflation - the Government's target measure - was 3.0 per cent in December, the highest on record, and up from 2.7 per cent in November. The largest upward effect on the CPI annual rate came from transport costs. Prices of fuels and lubricants rose this year, in large part reflecting the increase in fuel duty which came into effect on 6 December
Posted by converted lurker @ 11:10 AM (170 views) Add Comment
4 Comments
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1. Jolo said...
Dose this mean more chance of a rate rise in february as well?
2. bidin'matime said...
Hopefully...
3. tyrellcorporation said...
... I reckon. Ol' Merv won't want to take any chances.
4. inbreda said...
Yeah - god forbid that he has to drag his sorry ars off the sofa and actually write a WHOLE letter. Jeez, he only gets paid 150 clicks a year ya know. Merv is hardworking but he's not superman.
Maybe he'll start penning the letter next month and finish it by Christmas?