This is their brief summary of the long report ... bolding mine:

  • The unemployment rate fell to 4.5% in December, and wage measures were mixed, with annual Quarterly Employment Survey (QES) growth of 3.1%, but Labour Cost Index (LCI) growth unchanged at 1.8%
  • House prices and sales volumes both increased in January
  • Consumption indicators were positive: for the December quarter retail sales volumes rose 1.7% (sa), and in January electronic cards spending rose 1.4% (sa)
  • Global 10-year bond yields pushed higher in February as analysts expect a faster pace of tightening of monetary policy in 2018
  • Special topic covers estimation of the Natural Rate of Unemployment

Here is the link to the whole thing for much more: