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Australian monthly CPI for April 0.2% m/m (prior 0.3%)

TD / Melbourne Institute monthly CPI inflation gauge for April 2023Headline 0.2% m/m and 6.1% y/yMarch was 0.3% m/m and 5.7% y/yTrimmed mean 0.3% m/m and 5.5% y/yprior 0.4% m/m and 5.2% y/yThis is a first look at Q2 inflation. We'll get April inflation (month) data from the Australian Bureau of Statistics way off on Wednesday 31 May 2023. This first glimpse is strongly suggestive that core (underlying) inflation, i.e. the trimmed mean measure, while coming down is only doing so very slowly. -The... Read More

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Posted: May 1 2023, 01:01

Author Name: forexlive

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