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Australian private survey inflation gauge for May headline is 0.9% m/m vs. 0.2% prior

TD/Melbourne Institute Inflation gauge +0.9% m/mthis is the largest m/m jump since January this year prior +0.2% +5.9% y/yprior +6.1%Trimmed mean 0.8% m/m and 5.2% y/yprior 0.3% m/m and 5.5% y/yUh-oh. The Reserve Bank of Australia meeting is tomorrow. While consensus expectation is for an on hold decision this might produce e a little nervousness at the RBA. . Reserve Bank of Australia policy meeting tomorrow - preview This article was written by Eamonn Sheridan at www.forexliv... Read More

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Australian

Private

Survey

Inflation

Gauge

Headline

Forex

Posted: Jun 5 2023, 01:02

Author Name: forexlive

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