Australian Inflation Expectations survey for February 2025 four.6% (prior was four.zero%)
Melbourne Institute Survey of Shopper Inflation Expectations in Australia, February 2025.
Fairly the surge, leaping again as much as four.6% y/y
- January was four.zero%
To the extent the Reserve Financial institution of Australia pays an excessive amount of consideration to this knowledge level its not supportive of a charge reduce, on the margin. The Financial institution meet subsequent week and a 25bp charge reduce is the broadly held expectations. I do not assume knowledge level will shake that conviction.
This text was written by Aaron Cutchburt at www.ubaidahsan.com.
Source link
Leave a Reply
Want to join the discussion?Feel free to contribute!