Australia March monthly inflation 0.3% m/m (prior 0.4%) - private survey CPI from TD/MI

TD / Melbourne Institute monthly CPI inflation Inflation Inflation is defined as a quantitative measure of the rate in which the average price level of goods and services in an economy or country increases over a period of time. It is the rise in the general level of prices where a given currency effectively buys less than it did in prior periods.In terms of assessing the strength or currencies, and by extension foreign exchange, inflation or measures of it are extremely influential. Inflation stems from the overall creation of money. This money is m Inflation is defined as a quantitative measure of the rate in which the average price level of goods and services in an economy or country increases over a period of time. It is the rise in the general level of prices where a given currency effectively buys less than it did in prior periods.In terms of assessing the strength or currencies, and by extension foreign exchange, inflation or measures of it are extremely influential. Inflation stems from the overall creation of money. This money is m Read this Term

Headline:

0.3% m/m

• prior 0.4%

5.7% y/y

• prior 6.3%

Trimmed mean:

For underlying, core, inflation, its come in at 0.4 and 5.2% respectively. The February core m/m was 0.7% and the y/y was 4.9%.

• the monthly inflation data that comes from the Australian Bureau of Statistics doesn't include trimmed mean core inflation.

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From the Australian Bureau of Statistics last week:

• Australian monthly CPI (February) 6.8% (vs. expected 7.1%)

The quarterly is the 'official' measure. That will be published on April 29 for the January - March 2023 quarter.