ECONOMIC WEEK AHEAD: Waning inflation is a sign of an economy under pressure
18 August 2019 - 18:30
Consumer inflation will be the most important economic data release of the week. Most economists expect the headline figure to have dipped just below the midpoint of the Reserve Bank’s inflation target range, but a surprise drop cannot be ruled out.
London-based Capital Economics is putting its head on a block, forecasting that consumer inflation fell to a six-month low of 4.0% in July, having averaged 4.4% over the past quarter...
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