Australian December inflation gauge zero.6% m/m (prior zero.2%) & 2.6% y/y (prior 2.9%)

Australian Melbourne Institute Inflation Gauge for December 2024:

zero.6% m/m

• prior zero.2%

2.6% y/y

• prior 2.9%

AUD is little modified. Round zero.6155.

***

The Australian Melbourne Institute Inflation Gauge is an unbiased, month-to-month measure of inflation in Australia. It’s designed to offer an early indicator of worth traits earlier than the official quarterly inflation knowledge is launched by the Australian Bureau of Statistics (ABS).

Key Variations

It additionally leads the month-to-month Australian Bureau of Statistics CPI knowledge. For instance, the ABS December month knowledge is due on January 29.

This text was written by Aaron Cutchburt at www.ubaidahsan.com.



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