The Traderszone Network

Published in TZ Latest News 30 October, 2016 by The TZ Newswire Staff

Australia private inflation gauge (October): 0.2% m/m(prior 0.4%) & 1.5% y/y (1.3%)

Melbourne institute inflation gauge
This is a monthly data point. The official CPI data is only once a quarter in Australia, so this monthly gauge comes in handy. As you can see … results are soft and well below the RBA trget band of 2 to 3%