Prices remain steady

By Jessica Stanic · 6 October 2009 · News

Australia's Economy Holds Steady

A surprise stability in prices has left economists wondering what's behind the calm. Could this be a sign of a long-awaited economic shift?

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Summary

Prices remain steady Prices remain steady in the Australian economy, according to the latest TD Securities-Melbourne Institute monthly inflation gauge. The gauge was unchanged in September over the previous month, while also recording its lowest yearly rise in the indicator’s seven-year history. TD Securities Senior Strategist Annette Beacher said the gauge showed annual inflation was […]