TD monthly inflation pulls a donut

Monday, 1 September 2014

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.

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.