Petrol prices fuel inflation

Article Abstract:

Australian crude oil prices directly affect the price of retail gasoline and the country's inflation rate. Generally, a $1 per barrel crude oil increase translates to a one cent per liter increase in gasoline. With rising crude prices and government taxes added to retail gasoline, gasoline could add 0.75% to 1.0% to the consumer price index during 1999.

Australia, Petroleum Refineries, Crude Petroleum and Natural Gas Extraction, Crude petroleum and natural gas, Crude Petroleum, Petroleum refining, Gasoline, Statistical Data Included, Economic aspects, Prices and rates, Forecasts and trends, Column, Petroleum industry, Inflation (Finance), Petroleum, Gasoline industry, Consumer price indexes, Energy economics, Inflation (Economics)

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Decade of e-change? The choice is yours

Article Abstract:

Technological change is set to have a significant impact on business activity in Australia in the first decade of the 21st century. Technology is boosting consumer power and altering the nature of employment.

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Prediction repetition

Article Abstract:

Forecasts for US output growth are examined in detail. Problems facing forecasters, and the accuracy of their forecasts, are also assessed.

Production & Business Activity, Analysis, Statistics, United States economic conditions, Economic forecasting, Production (Economics)

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