no rate rises coming; china still doing well, page-2

Unemployment stable; rates low; China still performing strongly; East Coast prices continuing to rise.

"The updated inflation figures will end speculation the Reserve Bank might increase official interest rates later this year: the Australian dollar fell more than half a US cent on the news to US93.10c as economists had been expecting a sharper rise in prices in keeping with the quicker than expected rise in the lead up to Christmas."