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 eased to 5.1% in February from 5.6% last month suggesting that households believe that the RBA’s tightening will reduce inflation. The trend is also signalling that inflation may have peaked. This is the lowest rate in almost a year but the real test will be whether it can break through the 5% level. This series has been above 5% since March 2022. If the easing in inflation expectations can be sustained it will be a welcome development, especially given the moderation in the 3-month average of the NAB business survey’s cost and price measures.
MI Consumer inflation expectations vs monthly CPI y/y%
Source: MNI - Market News/Refinitiv/ABS
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.