Our eurozone Inflation GPS suggests that core prices, as reflected in the Harmonized Index of Consumer Prices, are likely to stay muted and move sideways
around current levels at 1.2 % -1.3 % heading into 2018.
Incoming Wesfarmers chief executive Rob Scott has dented investor hopes for a margin rebound at Coles, indicating that margins are likely to remain
around current levels as Australia's second largest food and liquor retailer invests to remain competitive with Woolworths and Aldi.
These then show that some 3000 years ago there was a further inundation (think Lyonesse in Cornwall) and in early Roman times levels were
somewhere around current levels.
As ever, take a quick look at the chart below before we get started so as to get an idea where things stand and how price brought us to trade in and
around current levels subsequent to overnight action.
On intra day charts, Bitcoin now faces resistance around $ 11,250 and $ 11,350 levels, while support
stands around current levels of $ 11,180 mark.
Assuming that the exchange rate
remains around its current level, this would imply little further change in petrol prices at the pump in the September quarter (Graph 38).
Oil, for instance, should level off
around current levels, but it's hard to imagine a strong rebound in the absence of a sharp reduction in non-U.S. production.
Assuming corporate costs are $ 10m and the AUD / USD exchange rate remains
around current levels, Cardno should earn an operating profit of around $ 70m within two years.
With the dampening effect of the appreciation on domestic inflation still having further to run, our current assessment is that underlying inflation will decline to around 1 1/2 per cent during 2004 (assuming the exchange rate remains stable at
around its current level).
With the better than expected New Zealand summer and autumn production now largely priced in, WMP prices were expected to» tread water»
around the current levels.