March 03, 2025 at 12:06AM
Melbourne Institute of Applied Economic & Social Research at the University of Melbourne Inflation Gauge
February 2025 comes in at -0.2% m/m
prior +0.1%
and 2.2% y/y, well below the mid-point of the Reserve Bank of Australia 2 – 3% target band.
prior 2.3%
Trimmed mean (core inflation indicator) -0.1% m/m (the first m/m falls since August 2021
for the y/y, the same as the January reading at 2.3% y/y
The next RBA meeting begins on the final day of this month. The Bank is expected to remain on hold.
This article was written by Eamonn Sheridan at www.forexlive.com.
Australian private survey of inflation February 2025: -0.2% m/m (prior 0.1%)