rate hike next month , page-7

I think the RBA will be able to look past it, I'm surprised that financial markets seem to think otherwise. If fruit contributed 0.4% and increase was closer to 0.5-0.6%, that's the lower end of the 2% band (yearly).

Next quarter as fruit prices moderate from this temporary shock, we could get a very low CPI reading, RBA knows this - and it will look *very* bad for them if they raised rates just before a low CPI reading.