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Australian private inflation survey -0.3% m/m (prior +0.9) & 2.8% y/y (prior 2.9%)

The privately surveyed inflation gauge from the Melbourne Institute

-0.3% m/m

  • prior +0.9%

2.8% y/y

  • prior 2.9%

Core inflation, the trimmed mean, fell 0.2% m/m in August

  • 2.4%y/y (vs. prior 2.6%)

AUD/USD has dribbled back to its session low around 0.6537.

This article was written by Eamonn Sheridan at investinglive.com.

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