Menstrual inflation gauge of the Melbourne Institute increased by 0.9% in July, marking the biggest monthly growth in 19 months. On an annual basis, inflation increased from 2.4% to 2.9% in June, indicating renewed price pressure in the economy.
Trimd Pisces Australian +0.8% M/M in July, the highest in 19 months
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On the margin, it pushes back to the expectations of the Reserve Bank of Australia rate cut. This data is not widely considered as other inflation data.
