Westpac inflation chart pack

Advertisement
ScreenHunter_02 Apr. 22 19.55

By Leith van Onselen

Please find below a chart pack from Westpac on the TD Securities-Melbourne Institute Inflation Gauge, which registered ongoing subdued inflationary conditions across the economy in June.

ScreenHunter_18 Jul. 01 15.33

With the Australian Dollar now falling, and tradeables comprising roughly 40% of the CPI basket, one does wonder how long these low inflationary conditions can persist.

Advertisement

Westpac Inflation Chart Pack (June 2013)

About the author
Leith van Onselen is Chief Economist at the MB Fund and MB Super. He is also a co-founder of MacroBusiness. Leith has previously worked at the Australian Treasury, Victorian Treasury and Goldman Sachs.