OFFICIAL FIGURES JUST RELEASED SHOW INFLATION HAS COME IN HIGHER THAN EXPECTED IN THE SEPTEMBER QUARTER.

THE BUREAU OF STATISTICS' SHOWS CONSUMER PRICES ROSE ONE-POINT-TWO PER CENT IN THE QUARTER...

ECONOMISTS WERE EXPECTING JUST A ONE-POINT-EIGHT PER-CENT RISE.

THE MOST SIGNIFICANT PRICE RISES WERE FUEL, HOLIDAY TRAVEL, ELECTRICITY AND PROPERTY RATES AND CHARGES

THERE WAS SOME RELIEF AT THE SUPERMARKET THOUGH... WITH ONE OF THE BIGGEST FALLS IN THE MONTH BEING VEGETABLES.

THE DOLLAR ROSE A QUARTER OF A CENT AGAINST THE GREENBACK FOLLOWING THE DATA RELEASE

AFTER ALREADY HAVING BEEN BOOSTED BY THE weaker than expected US jobs report OVERNIGHT

ITS NOW WORTH 97 US ...

the asx 200 IS A THIRD OF A PER CENT HIGHER

ON WALL STREET THE DOW ADDED HALF A PER CENT

GOLDS ADDED TO YESTERDAY'S GAINS... SITTING WELL ABOVE 1300 US

OVERNIGHT ENTHUSIASM ON MARKETS CAME FROM THE GROWING BELIEF THAT THE US FEDERAL RESERVE WILL NOT STARTING TAPERING UNTIL WELL INTO NEXT YEAR. KEY US JOBS DATA RELEASED OVERNIGHT WAS WEAK... SHOWING EMPLOYERS ADDED JUST 148 THOUSAND POSITIONS IN SEPTEMBER... BELOW EXPECTATIONS

THE FIGURES WERE RELEASED MORE THAN TWO WEEKS LATE... DUE TO THE 16 DAY GOVERNMENT SHUTDOWN IN WASHINGTON... AND SUGGESTS THE WORLD'S BIGGEST ECONOMY... LOST MOMENTUM EVEN BEFORE THE BUDGET STAND OFF.

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