ONLY CHARTS #184

Aus inflation, Aus resi asking rents, NZ mortgage rates, Aus consumer confidence, Aus job ads, Aus NAB survey

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1. Melbourne Institute’s monthly trimmed mean inflation gauge for Australia slowed further in the September quarter.

The MI measure has diverged significantly from official trimmed mean inflation in the past, but the recent trend will be welcomed by the RBA.

The MI measure of trimmed mean inflation has, on average, been lower than the official ABS measure, so we standardise the two series for a better comparison. The conclusion is the same.