Inflation stays below 2 pct

INFLATION was 1.9 per cent in September, and has stayed below two per cent all year, TD Securities/Melbourne Institute inflation gauge shows.

THE annual rate of inflation is staying below the Reserve Bank's two to three per cent target, weighed down by falls in fuel prices.

CONSUMER prices were up 0.3 per cent in September, following a 0.1 rise in August, according to the TD Securities/Melbourne Institute monthly inflation gauge.