Melbourne Institute Aust. November inflation index rises 0.2%

YoY rises to 2.7%

The Australian Melbourne Institute inflation index for November rose by 0.2%. The year on year index increased to 2.7%.

• The prior month showed an increase of 0.3%
• The YoY last month came in at 2.6%
• The YoY is the highest since the same value in July.

Below is the relationship between the Australian CPI vs the Melbourne institute inflation gauge. Of late the index inflation gauge has been outpacing the official CPI data.