Australia Melbourne Institute inflation +1.5% y/y vs 1.5% prior

Author: Adam Button | Category: News

Australian inflation data from the Melbourne Institute

  • Prior was +1.5% y/y
  • Prices flat month-over-month. Prior was +0.1%
  • Trimmed mean -0.2% m/m
  • Trimmed mean +1.5% y/y
I don't think the RBA is going to cut again unless there is fresh trouble in the global economy, but they're going to be on the sidelines for a long time.

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