Australian Economy Australian interest rates

Monthly inflation tanks

Monday 6 March 2017

The Melbourne Institute monthly inflation gauge is out and crashed back to earth down -0.3% in February after several strong months. Annual is stable at 2.1%:

Once past the oil ‘pig in the python’ this year, I’ll expect to see another round of disinflation.

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About the author

David Llewellyn-Smith is Chief Strategist at the MB Fund and MB Super. David is the founding publisher and editor of MacroBusiness and was the founding publisher and global economy editor of The Diplomat, the Asia Pacific’s leading geo-politics and economics portal. He is also a former gold trader and economic commentator at The Sydney Morning Herald, The Age, the ABC and Business Spectator. He is the co-author of The Great Crash of 2008 with Ross Garnaut and was the editor of the second Garnaut Climate Change Review.