The Reserve Bank is unlikely to touch interest rates if September quarter inflation hits 0.8 per cent, as widely expected.
Tuesday, October 14th 2003, 6:18AM
by The Landlord
Rising house prices are expected to be the main factor in inflation in the past three months.
The consumer price index figures are due out tomorrow.
The market expectation of 0.8 per cent inflation for the latest quarter would leave the annual inflation rate at 1.8 per cent, just below the mid-point of the Reserve Bank's medium-term target of 1 per cent to 3 per cent.
