The dodgy thing about the CPI figure is thats its probably a lot...

  1. 524 Posts.
    The dodgy thing about the CPI figure is thats its probably a lot lower than 0.9 due to online sales to offshore retailers because of the soaring aussie dollar but the ABS doesn't take this into account when doing the figures.

    When a non-independent entity pumps out CPI figures in the RBA's favour then I smell a rat. They'd be bonkers to put up interest rates again. The RBA has already mis-read how crap local retail sales are.
 
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