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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