Australia - TD securities inflation data for June

+0.1% m/m

  • prior was +0.3%

+1.5% y/y

  • 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.)

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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.