Forum Topics Melbourne Institute Experimental Inflation Gauge - November 2022
Rapstar
2 years ago

Melbourne Institute Experimental Inflation Gauge - November 2022 


Year on year gauge increased to 5.9%, up from 5.2% in October. Month on month inflation gauge rate accelerated from 0.4% to 1.0%.

Meanwhile Services PMI fell to 47.6 - in contraction territory.

RBA looks like it has to choose between stagflation (dovish) or deflation (hawkish) going forward.

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Rapstar
2 years ago

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