This is ANZ's Monthly Inflation Gauge report
Its provides a directional signal of broad trends and movements in non-tradable CPI inflation
ANZ's summary:
+0.3% m/m in June
- following a string of weak monthly outturns
-0.2% q/q, the Gauge is pointing to a weak print for non-tradables inflation in Q2, with inflation outside of housing remaining soft
Gauge is up 2.4% y/y
- and has been trending sideways over Q2 after losing momentum in early 2018
