Private inflation measure moves higher

16 January 2017

 

The Melbourne Institute Inflation Gauge rose again during December for the fifth month in a row. This latest reading indicates consumer prices rose by 0.5% for the month and 1.8% year on year. November’s comparable figures were 0.1% and 1.5% respectively. 3 year and 10 year bond yields both finished essentially unchanged. Both 3 year and 10 year yields remained steady at 1.99% and 2.73% respectively, while the AUD was slightly...

read full story