Australia Melbourne Institute Inflation, a privately surveyed CPI measure.
Results in those headlines to the post.
The y/y is a 22 month low. The 3-month annualised rate is even more encouraging, it dropped to 1.2% in February from 1.5% in January.
The core measure, trimmed mean inflation:
- +0.1% m/m in February (prior +0.2% in January)
- +4.0% y/y (prior 4.4%)
- 3-month annualised +0.8% in February (prior 1.5%)
The RBA cash rate vs. official inflation data