Labour market holding up as job ad levels stabilise

The 1.7 per cent uptick in job ad volumes in January follows a 0.6 per cent lift in December. (Diego Fedele/AAP PHOTOS)

Fresh inflation and jobs market indicators have landed ahead of the first interest rate meeting of the year, where forecasters broadly expect no change. 

The Reserve Bank of Australia board is tipped to keep the cash rate at 4.35 per cent when it meets on Tuesday following weaker-than-expected consumer price index figures.