
And down we go again following tearaway 0.7% read in December, TD monthly inflation is 0.1% for January and 2.5% year on year.
“If we exclude the seasonal jump in education fees, utility prices and transport fares, price pressures appeared to start 2014 on a particularly soft note, somewhat of a relief after the shock price increases featured in our December report.”
If you pay attention to monthly and not trend data, I guess.
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