TD inflation gauge rises at slowest pace in 3 years as declining fuel and holiday travel costs outweigh higher prices from new charges on the nations largest polluters for carbon emissions. “The gauge confirms that pricing pressure outside of the immediate impact of the carbon tax remains weak.” “Given the favorable inflation outlook, the RBA is in the enviable position to have the tools to ease if required”
BBG
Aussie $ just above support level of 1.0550 .
