Australian inflation: Melbourne Institute CPI for September 2024: 0.1% m/m (prior -0.1%)

Melbourne Institute Inflation in September 2024 0.1% m/m

• prior -0.1%

2.6% y/y, almost to the mid point of the Reserve Bank of Australia 2 – 3% target band

• prior 2.5%

Official inflation data from Australia will be published on October 30 by the Australian Bureau of Statistics.

This article was written by Eamonn Sheridan at www.forexlive.com.