Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
The Melbourne Institute’s measure of consumer inflation expectations moderated to 4.6% in September from 4.9%, which was in line with April but the lowest since January 2022. This is going to be good news to the RBA as the series has been trending lower since June last year. There were a number of conflicting influences this month with petrol prices higher since the last survey but down in recent weeks and July CPI printing lower than expected. The Westpac consumer confidence survey showed that inflation remains the main concern for households but inflation expectations signal that they seem to have confidence that the RBA is bringing it under control in line with its current on hold stance.
Australia CPI y/y% vs MI consumer inflation expectations y/y%
Source: MNI - Market News/Refinitiv/ABSAu
Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.