Australian private inflation gauge for July 0.8% m/m (prior 0.1%)

Australian Melbourne Institute Inflation Gauge shows reacceleration on a m/m basis.

• 0.8% m/m in July vs. 0.1% in June
• 5.4% y/y in July vs. 5.7% in June
• The core 'trimmed mean' measure came in at 0.6% m/m and 5.1% y/y (priors 0.2% & 5.1%)