National Economic Newspaper

Webportal of the Canadian Economic Press: CEP News Home Market Snapshot   Economic Resources ADVERTISEMENT (22:14 04/22) (CEP News) Sydney - The Australian Bureau of Statistics (ABS) announced that Australia’s All Groups CPI rose 1.3% in the first quarter of 2008, compared with a rise of 0.9% in the fourth quarter of 2007, resulting in a total rise of 4.2% through the year to Q1 2008 to mark the highest rate since 1991. The Reserve Bank of Australia’s Consumer Price Measures recorded a trimmed mean of 1.2% with a weighted median of 1.3% for the first quarter of 2008.(17:22 04/22) (CEP News) – Australia’s Consumer Price Index measure of inflation is widely expected to have accelerated in the first quarter of 2008, but many economists say the rise will do little to spur central bank action. (17:21 04/22) (CEP News) – Wednesday, markets will once again focus on Canadian data with the release of February retail sales.(17:19 04/22) (CEP News) – The focus will be on the Bank of England, which will release the minutes from the monetary policy committee's April meeting. Markets will also receive German and European advanced PMI data.(17:12 04/22) (CEP News) – Markets will focus on Australi...