Australian Melbourne Institute Inflation for August 2023: 0.2% m/m (prior 0.8%)

<p>Australian Melbourne Institute Inflation gauge for August 2023 rose 0.2% m/m in August (July was + 0.8%)
</p><p>And for the y/y, a jump to 6.1%</p><ul><li>prior 5.4%</li></ul><p>For underlying inflation the 'trimmed mean' came in at +0.1% m/m (prior +0.6%) and +5.7% y/y (prior +5.1%)in August.</p>

This article was written by Eamonn Sheridan at www.forexlive.com.