Inflation Gauge slows, implies 2.7% annual rate for Dec quarter CPI

10 January 2022

 

Summary: Melbourne Institute Inflation Gauge index up 0.2% in December; index up 2.8% on annual basis; bond yields rise; implies 0.5% rise for official December quarter figure. The Melbourne Institute’s Inflation Gauge is an attempt to replicate the ABS consumer price index (CPI) on a monthly basis. It has turned out to be a reliable leading indicator of the CPI, although there are periods in which the Inflation Gauge and...

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