Australia Jan. monthly inflation indicator: 0.3% m/m prior +0.1%) and 2.0% y/y (+2.3%)

This is a private measure of inflation, the official number is published only once a quarter

Last week we got the official CPI for Q4 ... the wait is on for the Q1 data but its not out until May.

OK, back to this data point:

0.3% m/m

• prior +0.1%

2.0% y/y

• prior +2.3%

Trimmed mean is +0.4% m/m and +2.1% y/y

The RBA inflation target band is 2 to 3%