Australia Melbourne Institute monthly inflation for November +0.3% m/m (prior -0.1%)

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Australia Melbourne Institute monthly inflation for November +0.3% m/m (prior -0.1%)

The Melbourne Institute Inflation Gauge is produced by the Melbourne Institute of Applied Economic and Social Research at the University of Melbourne.

The Melbourne Institute Inflation Gauge is produced by the Melbourne Institute of Applied Economic and Social Research at the University of Melbourne.

  • +0.3% m/m vs. -0.1% prior
  • 4.4% y/y vs. 5.1% prior
    • 4.4% y/y is its slowest in 19 months

The y/y benefitting from base effects but the monthly rising after its October drop.

For the trimmed mean (this is a measure of core, or under;lying inflation) it’s a similar story:

  • +0.2% m/m in November
  • 3.8% y/y (prior 5.0%)

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