Australia Melbourne Institute monthly inflation for November +0.3% m/m (prior -0.1%)

The Melbourne Institute Inflation Gauge is produced by the Melbourne Institute of Applied Economic and Social Research at the University of Melbourne.

• +0.3% m/m vs. -0.1% prior
• 4.4% y/y vs. 5.1% prior
  • 4.4% y/y is its slowest in 19 months

The y/y benefitting from base effects but the monthly rising after its October drop.

For the trimmed mean (this is a measure of core, or under;lying inflation) it's a similar story:

• +0.2% m/m in November
• 3.8% y/y (prior 5.0%)
  • y/y slowest in 17 months