Australian private survey of inflation, February 2025: -0.2% m/m (prior +0.1%) ...Middle East

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Australian private survey of inflation, February 2025: -0.2% m/m (prior +0.1%)

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%

    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.

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