TD monthly inflation rises in January

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The TD Securities monthly inflation gauge is out for January and and shows a slight uptick on the month to 0.3%. Year on year is now 2.5%:

As you can see, there was also a slight increase in the number of categories rising. No concern here yet.

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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.