Australia, monthly inflation gauge (March): Headline inflation: +0.8% m/m to 4.0% y/y

Australian monthly Melbourne Institute inflation gauge

Headline comes in at 0.8% m/m and 4.0% y/y

• prior 0.5% m/m and 3.5% y/y

Trimmed mean 0.6% m/m & 2.5% y/y

• prior was +0.4% m/m & +3.2% y/y

more to come

We will be getting official CPI data from Australia next on April 27. Official inflation data is only once a quarter from Australia. This monthly data release fills in some of the blanks.