Melbourne Institute of Applied Economic & Social Research at the University of Melbourne Inflation Gauge
February 2025 comes in at -0.2% m/m
- prior +0.1%
and 2.2% y/y, well below the mid-point of the Reserve Bank of Australia 2 – 3% target band.
- prior 2.3%
Trimmed mean (core inflation indicator) -0.1% m/m (the first m/m falls since August 2021
- for the y/y, the same as the January reading at 2.3% y/y
The next RBA meeting begins on the final day of this month. The Bank is expected to remain on hold.