Australian private inflation gauge for July 0.8% m/m (prior 0.1%)

<p>Australian Melbourne Institute Inflation Gauge shows reacceleration on a m/m basis.</p><ul><li>0.8% m/m in July vs. 0.1% in June</li><li>5.4% y/y in July vs. 5.7% in June</li><li>The core 'trimmed mean' measure came in at 0.6% m/m and 5.1% y/y (priors 0.2% &amp; 5.1%)</li></ul>

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