Melbourne Institute of Applied Economic & Social Research at the University of Melbourne.
Privately surveyed inflation measure, lower in January than in December:
+0.1% m/m
prior +0.6%+ 2.3% y/y
prior +2.6%From the RBA website, the official cash and inflation rates:
***
The Australian Melbourne Institute Inflation Gauge is an independent, monthly measure of inflation in Australia. It is designed to provide an early indicator of price trends before the official quarterly inflation data is released by the Australian Bureau of Statistics (ABS).
Key Differences
It also leads the monthly Australian Bureau of Statistics monthly CPI data.
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