• Inflation report: The Australian Bureau of Statistics’ first full monthly CPI report showed consumer prices rising 3.8 % in the year to October, up from 3.6 % in Septembermiragenews.com. Housing contributed 5.9 % to the annual rate, and electricity prices leapt 37 % as state energy rebates expiredmiragenews.com. Even the trimmed mean (underlying) inflation rate held at 3.3 %, still above the RBA’s 2–3 % targetmiragenews.com. • Economists’ views: ANZ’s Adelaide Timbrell said the new data increa
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