Australia monthly inflation gauge for December 2021: 0.2% m/m (prior 0.3%

  • And for the y/y comes in at 2.8% (prior 3.1%)

Data from the Melbourne Institute monthly inflation survey.

For the trimmed mean:

+0.1% m/m

  • prior +0.3%

1.9% y/y

  • from prior 2.6%

For the final quarter of 2021 the trimmed mean rose 2.4% y/y vs the RBA's forecast of +2.25%.

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