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Australia (monthly) inflation gauge: +0.4% m/m (prior +0.2% m/m)

The Melbourne Institute Inflation Gauge

  • +0.4% m/m (prior +0.2%)
  • +1.3% y/y (prior +1.2%)
  • 'Trimmed mean' in at +0.2% m/m and +0.8% y/y

We get official data from the Australia Bureau of Statistics once a quarter. This monthly data is still well short of the RBA 2 to 3 % target band, but moving a smidge higher (that's a technical term).

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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