US EditionPublished • loading... • Updated
Big fall in spending eases Reserve Bank inflation fears
Summary by Sunraysia Daily
This story is only covered by news sources that have yet to be evaluated by the independent media monitoring agencies we use to assess the quality and reliability of news outlets on our platform. Learn more here.2 Articles
2 Articles
The QueenslanderReposted by 
Sunraysia Daily
Sunraysia DailyBig fall in spending eases Reserve Bank inflation fears
Higher bulk-billing rates and earlier sales have driven a sharp decline in spending, which will take some pressure off the Reserve Bank to raise interest rates again. The RBA hiked the official cash rate for the first time in more than two years earlier in February, citing faster-than-expected growth in private demand pushing the economy out of kilter and causing a resurgence in inflation. But a 0.4 per cent monthly dip in household spending in …
Coverage Details
Total News Sources2
Leaning Left0Leaning Right0Center0Last UpdatedBias DistributionNo sources with tracked biases.
Bias Distribution
- There is no tracked Bias information for the sources covering this story.
Factuality
To view factuality data please Upgrade to Premium
