Australia — private monthly inflation measure +0.1% m/m (prior 0.6%)

Melbourne institute inflation gauge for February  +0.1% m/m

  • prior 0.6%

+2.1% y/y 

  • prior 2.1%   

Trimmed mean: -0.2% m/m

  • prior 0.6% 

+2.2% y/y (this is within the RBA target band for core inflation)

  • prior 2.2%

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