Wednesday, January 23, 2008

Today's inflation news is horrific, horrific

The "core" measures of inflation (those watched by the Reserve Bank) are 1.0 and 1.1 for the quarter; 3.8 and 3.4 per cent for the year.

I'll be attending the Treasurer Wayne Swan's press conference. I think he'll bag the previous government.

It is all very unhelpful, given what I wrote for this morning's paper.