TD monthly inflation up

Monday, 6 May 2013

Not that it matters at this point but TD Securities monthly inflation for April bounced back to 0.3%:

As you can see, year on year remains very quiet. There has been an increase the number of items in the basket showing price rises but it’s too early to be material.

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.