You are here

Retail wars add to Australia's worries over weak inflation, soft demand

Central bank expected to hold rates but subdued prices could trigger move downwards

Sydney

A FIERCE price war among retailers is threatening to keep a lid on improving inflation in Australia, compounding the problems of policymakers struggling to support still-weak domestic demand.

An uptick in consumer inflation has lowered the chance of another rate cut this

sentifi.com

Market voices on:

Powered by GET.comGetCom