Australia's privately surveyed monthly inflation gauge comes from the Melbourne Institute of Applied Economic & Social Research at the University of Melbourne:Headline inflation jumped 1% m/m in December, from 0.3% in November This is the biggest leap higher in 17 monthsFor the y/y, comes in at 5.2% in December, way above the 4.4% recorded in NovemberPrior to the Australian Bureau of Statistics' monthly inflation survey beginning this for the Melbourne Institute was the only guide we had to monthly inflation. It was, and remains, a well-respected survey. Its completely at odds with the latest from the ABS, although that was for November, not December:Australian November CPI 4.3% y/y (expecte
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