Saturday, November 1, 2014   

Australia sees higher price levels in first quarter
(04-23 15:13)

The Consumer Price Index (CPI) of Australia has risen 2.9 percent in the March quarter, according to the Australian Bureau of Statistics (ABS).
ABS reported on Wednesday that the CPI, as key measure of inflation, rose 2.9 percent in the year to the end of March, lower than economists' previous forecast.
The highest annual rate of inflation for capital city in Australia is Darwin with 3.6 percent, while the lowest inflation rate is Canberra with 2.6 percent, according to the ABS.
The Reserve Bank of Australia has a target range for annual inflation of 2 to 3 percent, which means the inflation is under control.
Economists said that the current inflation remained within the target range, leaving no pressure on the Reserve Bank to raise interest rates in the coming months. --Xinhua   
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European stocks rally at open (10-31 16:47)
Panasonic says half-year profit dives (10-31 15:53)
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Japan Airlines H1 net profit slips (10-31 15:43)
Sony says half-year loss balloons six-fold (10-31 15:42)
RBS sets aside 400m pounds for forex probes (10-31 15:41)
BoJ chief says at 'critical moment' for exiting deflation (10-31 15:40)

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