A monthly look at inflation in Australia from the Melbourne Institute
0.1% m/m
- prior 0.0%
2%% y/y
- +2.1% prior
'Trimmed mean'
0.0% change m/m, for the y/y 2.1%
- priors 0.1% m/m and 2.1% y/y
Note - the RBA not target band is 2 to 3% for core inflation over a cycle. Still in it (just above the bottom level).
