Monthly inflation donut, job ads better

David Llewellyn-Smith

Monday, 4 June 2018

Melbourne Institute monthly inflation is out and printed zero in May and 2.2% year on year:

The next few months of 2017 to drop out are weak so we could see the year on year figure rise more yet.

ANZ job ads also broke their run of losses, up a modest 1.5% in May which lifted the yearly figure back to 11.5%

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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.