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Australian May 2023 Consumer Inflation Expectation: 5.2% (prior 4.6%)
Melbourne Institute Survey of Consumer Inflationary Expectations for May 2023.expected inflation rate 5.2% from 4.6% in April's surveySays MI:May’s data show a spike in inflation expectations, likely to be associated with last week’s federal budget. Even with the spike, trimmed mean expectations are only slightly above the level observed in May 2022. It is unclear whether the spike will significantly influence the broader trend of weaker inflation expectations observed in recent months (primaril...
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Posted: May 18 2023, 01:08
Author Name: forexlive
Views: 081523