From Australia is the privately surveyed Melbourne Institute monthly inflation gauge. The Melbourne Institute Inflation Gauge is produced by the Melbourne Institute of Applied Economic and Social Research at the University of Melbourne. Its a well-respected early indication of inflationary trends in the Australian economy, closely monitored by policymakers. It predates the Australian Bureau of Statistics’ monthly CPI measure by many, many years and has a strong track record.
The Reserve Bank of Australia meet tomorrow, the statement is due at 2.30pm Sydney time on Tuesday, 5 December:
- 0330 GMT
- and 2230 US Eastern time on Monday, 4 December 2023
The Bank is expected to leave its cash rate unchanged while skewing the statement hawkish.
This snapshot from the ForexLive economic data calendar, access it here.
The times in the left-most column are GMT.
The numbers in the right-most column are the ‘prior’ (previous month/quarter as the case may be) result. The number in the column next to that, where there is a number, is the consensus median expected.
I’ve noted data for New Zealand and Australia with text as the similarity of the little flags can sometimes be confusing.