Australia Melbourne Institute Inflation for February -0.1% m/m (prior +0.3%) ...Middle East

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Australia Melbourne Institute Inflation for February -0.1% m/m (prior +0.3%)
Australia Melbourne Institute Inflation, a privately surveyed CPI measure.Results in those headlines to the post. The y/y is a 22 month low. The 3-month annualised rate is even more encouraging, it dropped to 1.2% in February from 1.5% in January. The core measure, trimmed mean inflation:+0.1% m/m in February (prior +0.2% in January)+4.0% y/y (prior 4.4%)3-month annualised +0.8% in February (prior 1.5%)The RBA cash rate vs. official inflation data This article was written by Eamonn Sheridan at www.forexlive.com.

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