Inflation is likely to have remained subdued by past standards in April, with a small pick-up in transport inflation being offset by muted food and core price pressures. The big picture is that the Reserve Bank looks on course to meet its inflation target for next year, leaving some scope to loosen policy further.
Become a client to read more
This is premium content that requires an active Capital Economics subscription to view.
Already have an account?
You may already have access to this premium content as part of a paid subscription.
Sign in to read the content in full or get details of how you can access it
Register for free
Sign up for a free account to:
- Unlock additional content
- Register for Capital Economics events
- Receive email updates and economist-curated newsletters
- Request a free trial of our services