June quarter CPI set to be rise

02 July 2018

 

The Melbourne Institute’s Inflation Gauge is an attempt to replicate the ABS consumer price index (CPI) on a monthly basis instead of quarterly. It has turned out to be a reliable leading indicator of the CPI, although there are periods in which the Inflation Gauge and the CPI have diverged for periods of up to six to twelve months. On average, the Inflation Gauge’s annual rate tends to overestimate changes...

read full story