The ASX200 has been trading flat at 8,145 points. The CPI numbers dropped this morning and CPI for August slowed to 2.7% from 3.5% the previous month. This is the first time in more than 3 years inflation has come in within the RBA’s target band. But power bill relief masked sticky inflation, with much of the drop being linked to the federal government’s energy rebates. Most sectors are rising today and the Materials sector has surged, up 2.75%, followed by Staples, up half a percent. Financials hit the brakes, falling 1.4% and Information Technology has been down 0.3%. Company NewsFortescue (…
