Australia - Melbourne Institute monthly CPI inflation for January 0.2% m/m (prior 0.5%)

Official CPI data is once a quarter in Australia, this monthly guide is a good heads up for the quarterly data.

The January results gives a picture for the first of three Q1 readins.

0.2% m/m

• prior 0.5%

1.5% y/y

• prior 1.5%

The trimmed mean, a measure of core inflation:

+0.2% m/m and +0.2% y/y

• vs. +0.1% and +0.4% in December