Professional Documents
Culture Documents
1
2
(% yoy) (% yoy)
25 5.1
20 5.1
15 5.0
15.5
10 5.0
11.5 6.3
9.9 9.5 3.7
5 2.6 4.9
5.01 4.97 4.95 4.93 4.97 5.07 5.01 4.99 4.2
0 4.9
1 2 3 4 5 6 7 8 9 10 11 12 1 2 3 4 5 6 7 8 9 10 11 12 1 2 3
2015 2016 2017
Annual Household Consumption Growth (rhs) Quarterly RSI Growth (lhs)
Annual RSI Growth (lhs)
3
4
Index (%)
170.0 7.0
160.0 6.0
150.0 5.0
140.0 4.0
131.3
130.0 3.0
132.3
120.0 2.0
110.0 1.0
100.0 0.0
1 2 3 4 5 6 7 8 9 10 11 12 1 2 3 4 5 6 7 8 9 10 11 12 1 2 3 4 5 6 7 8
2015 2016 2017
6-month cumulative inflation (RS) Price expectations in six months time (LS)
5
6
7
8
9