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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.
AUSTRALIA DATA
The Melbourne Institute’s measure of consumer inflation expectations for December prints today. The series has a high correlation with national petrol prices and last month it rose to 6% from 5.4% as petrol prices rose 6.6% m/m. But last week petrol fell to its lowest level since the full fuel duty was reinstated, after decreasing for four consecutive weeks. This brought the December average to date down 8% m/m. Thus, there is a high probability that there will be some moderation in December inflation expectations today.
Australia MI inflation expectations vs petrol prices
Source: MNI – Market News/Refinitiv/Australian Institute of Petroleum
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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