Australia - TD securities inflation data for June
- prior was +0.3%
- prior was +1.4%
Trimmed mean +0.1% m/m and +1.4% y/y
Australian inflation, nope, nothing to see hear folks. RBA target band is 2 - 3%.
The Reserve Bank of Australia meets tomorrow (Tuesday 7 July 2015), no change is the expectation but they may bolster their easing bias (I'll have more on this to come in the preview.)
This is the monthly inflation survey from TD Securities and the Melbourne Institute. Official CPI data only comes out once every 3 months in Australia, so this monthly measure gets attention form the markets.