TD monthly inflation pulls a donut

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The TD Securities/Melbourne Institute Inflation Gauge for August has printed a month-on-month donut with year-on-year at 2.5%. Last month it was 0.2% and 2.6%. The trimmed mean deflated 0.1% and is now 2.7% year-on-year.

Ain’t nuthin’ here to bother the RBA.

Comments

  1. Aus houses now 55% overpiced against rent and 33% overpriced against income.

    Ain’t nuthin’ here to bother the RBA.

    • Yep as long as the biggest impact to inflation (land prices) are excluded/not weighted appropriately (ie. 80%) the print is useless at best.