TD Securities/Melbourne Institute (MI) Inflation Gauge for August
0.1% m/m
- prior 0.2% m/m
1.7% y/y
- prior 1.6% y/y
The trimmed mean measure is unchanged on the month (0.0%), and at 1.5% y/y
This is a private-sector gauge of Australian inflation, Official data only comes out once a quarter from the Australian Bureau of Statistics, so this private measure gets market attention. It'd get more if Australian inflation was an issue at present. It isn't. Price pressures remains well contained in August.
