Daily economic round-upBY PETER BELL | WEDNESDAY, 25 OCT 2006 12:13PMThe release by the ABS of national CPI data has shown that overall there was a 0.9 per cent increase during the third quarter, tallying to a 3.9 per cent annual rate. This suggests that the coming RBA meeting on 7 November will see the board under pressure to raise interest rates given its target of keeping inflation in between 2-3 per cent. |
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Brian Redican
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NEW SOUTH WALES TREASURY CORPORATION
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