Treasury sees inflation slowing to 1% in March quarter on cheap petrol, fees free policy

Mon, 05 Feb 2018

By Rebecca Howard Feb. 5 (BusinessDesk) - The Treasury expects the annual pace of inflation will slow even further in the March quarter as year-earlier petrol prices roll out of the equation and the government's 'fees free' tertiary education policy comes into effect. In its monthly economic indicator, the government's financial adviser predicts the consumers price index will rise an annual 1 percent in the three months ended March 31, slowing from a pace of 1.6 percent in December when it was short of most forecasts, including the Reser...

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