Thursday, Oct 25, 2007
DOH! They ought to take a leaf out of the MPCs book and cook the inflation stats until we have NO inflation - simple!
BBC: Australia rate rise threat grows
Australia's underlying inflation surged in the three months to the end of September, rising from an annual rate of 2% to 3%, figures show.
Analysts said this meant an interest rate rise was now almost inevitable, and this could worry the government ahead of next month's general election.
Posted by tyrellcorporation @ 10:47 AM (268 views) Add Comment
1 Comment
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1. shipbuilder said...
I guess the ONS will be welcoming an Aussie delegation on a 'fact finding mission' sometime soon....