australian inflation rate january 2012

World Economic outlook - australian inflation rate january 2012 : THE Reserve Bank of Australia has lowered its inflation and growth forecasts for the first half of 2012 as uncertainty about Europe's debt crisis weighs on domestic household and business spending.

The RBA expects underlying inflation to be about 2.25 per cent for the year to the end of June, 0.25 basis points lower than it forecast three months ago.

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