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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.
(MNI) Melbourne
Australia’s monthly Consumer Price Index (CPI) indicator rose 4.9% y/y to July 2023, lower than the expected 5.2% and down from June’s 5.4% print, according to Australian Bureau of Statistics (ABS) data released today.
CPI excluding volatile items rose 5.8%, compared to 6.1%. Housing at 7.3% accounted for the most significant increase, followed by food and non-alcoholic beverages at 5.6%. Automotive fuel fell 7.6%, while fruit and vegetables declined 5.4%.
Daniel covers the Reserve Bank of Australia and the Reserve Bank of New Zealand and leads the Asia-Pacific team.
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.
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