Sentences with phrase «underlying inflationary pressures»

«We believe that underlying inflationary pressures will gradually ease due to appreciable excess capacity, extended muted economic activity, and ongoing wage moderation amid substantial labour market slack,» he predicted.

The changes to the forecasts for inflation over the years to June 2000 and June 2001 (excluding the effect of the GST) appear to reflect current and prospective developments in oil and tobacco prices as well as a modest increase in the assessment of underlying inflationary pressures.

As a recent Interim Economic Assessment released by the OECD notes: «Unemployment is high and underlying inflationary pressures are weak.

CPI inflation was 2.4 per cent over the year to the March quarter, with this rate also a good gauge of the Bank's assessment of underlying inflationary pressure.

Not exact matches

The signs of weakness that were seized upon were anomalies; the underlying economy remained very strong, incipient inflationary pressures were starting to appear, and during this period our interest rates were raised, as it turned out, more or less by the same amount as those in the United States.

If you have inflationary pressure, the «value» of an ounce of gold (or barrel of oil, etc) may «double», but it's really because the underlying comparator has lost «half» its value.