Friday, June 06, 2003

The soaring growth in prices is now starting to level off
'Prices across Australia's eight capital cities were up 3.4per cent in the quarter, the 10th quarterly jump but the slowest pace for two years. The national annual growth rate eased to 18per cent, from 18.4 per cent in the December quarter.'

The acceleration in the speed of growth is slowing, but the growth is still dramatic.

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