The story is one of continuing boom conditions in mining and very strong nonresidential construction activity, ... The Reserve Bank is still very much on hold, watching both the inflation outlook and domestic demand.
More Quotes from Alan Oster:
The deterioration in agribusiness contrasts starkly with the ongoing strength in the non-farm business sector as a whole,Alan Oster
On the other hand, export volumes benefit from increased capacity and a lower Australian dollar partly offset by some moderation, but sustained trading partner growth during 2006-2007.
Alan Oster
The Reserve Bank will continue to monitor higher short-term inflation risks from oil against slowing economic activity. While the bank might engage in occasional bouts of jawboning, we see little prospect of rates moving in either direction for some considerable period.
Alan Oster
The pace of economic activity is continuing to moderate. The Reserve Bank is very much on hold, watching both the inflation outlook and domestic demand over the remainder of 2005 and well into next year.
Alan Oster
For 2001, we expect Japanese growth of marginally less than 1 percent.
Alan Oster
Business concerns about the potential for a sharp fall in future activity have continued to ease.
Alan Oster
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