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Australia's Consumer Prices Rose for First Month Since February, TD Securities Said
Monday, 06 July 2009 02:09:52 GMT
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Consumer prices rose in June for the first month since February, said TD Securities in an estimate released today. In it, the brokerage firm stated that inflation came in at 0.4% on the month, dissenting from the previous period’s decline of 0.3%. The 12 months through the end of June saw such prices rise at a slower pace than they had prior, by only 1.4% vs 1.5%. Nonetheless, the slight increase for the month still managed to keep the metric within the Reserve Bank of Australia's 2.0% inflation target.
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