One effect of the AUD drop will be an increase in inflation.
I have a contact who sells printer consumerables(cartridges) and he said prices are already rising and should have jumped about 30% by Jan/Feb 2009.
He imports from Hong Kong and his current prices are very cheap.
wednesday possible huge short squeeze, page-34
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Last
8,257.5 |
Change
33.500(0.41%) |
Mkt cap ! n/a | |||
| Open | High | Low |
| 8,224.0 | 8,273.9 | 8,224.0 |
| XJO (ASX) Chart |