RBA's Ellis - Starting to see spill over effect from public infrastructure spending

Omkar Godbole FXStreet Contributor

Comments from RBA Assistant Governor Ellis crossing the wires via Reuters-

Starting to see spillover effect from public infrastructure spending onto non-mining private sector
Watching energy policy developments in Australia
Expect retail electricity prices will add to CPI in coming quarters
Electricity prices not a dominant factor in household spending, but will add to headline inflation

Author

Omkar Godbole

FXStreet Contributor

Omkar Godbole, editor and analyst, joined FXStreet after four years as a research analyst at several Indian brokerage companies.

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