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Thursday, June 25, 2009

Inflation remains in negative zone

Inflation based on the wholesale price index remained in the negative zone for the second week in a row. Inflation based on the wholesale price index declined 1.14% in the year through 13 June 2009. The decline was, however, smaller than a 1.61% fall in the year through 6 June 2009.

Inflation had dipped to negative in early June 2009 for the first time since 1977-78.

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Economic Event Calendar

GMT+5:30 Event Vol. Actual Consensus Previous
Tuesday, Apr 08
07:00 National Australia Bank's Business Confidence 1 -3 -2 Revised from -1
15:30 NFIB Business Optimism Index 1 97.4 101.3 100.7
18:25 Redbook Index (YoY) 1 7.2% 4.8%
19:30 Ivey Purchasing Managers Index s.a 2 51.3 53.2 55.3
19:30 Ivey Purchasing Managers Index 2 55.6 53.6
21:30 BoE's Lombardelli speech 2
22:30 3-Year Note Auction 1 3.908%
23:30 Fed's Daly speech 2
Wednesday, Apr 09
02:00 API Weekly Crude Oil Stock 1 6.037M
07:30 RBNZ Interest Rate Decision 3 3.50% 3.75%
Economic Calendar >> Add to your site

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