We are resending this publication to include the registration link for next week's ANZ Drop-In.
Australia's Flash PMIs suggest that the initial impact of global trade tensions has been modest, with output remaining firmly in expansionary territory in April. What's more, with domestic demand strengthening, firms also reported raising their selling prices. In our view, a resurgence in inflation appears unlikely. That said, with economic activity picking up and the labour market set to remain historically tight, we doubt that the RBA will cut rates as aggressively as markets are pricing in.
Note: We'll be discussing the Australian Q1 CPI release and its implications for the policy outlook and financial markets in a Drop-In on Wednesday, 30th April. Register here for the 20-minute online briefing.
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