Australian Melbourne Institute Inflation for August 2023: 0.2% m/m (prior 0.8%)

Australian Melbourne Institute Inflation gauge for August 2023 rose 0.2% m/m in August (July was + 0.8%)

And for the y/y, a jump to 6.1%

• prior 5.4%

For underlying inflation the 'trimmed mean' came in at +0.1% m/m (prior +0.6%) and +5.7% y/y (prior +5.1%)in August.