2 years Australia private inflation survey for April: 1.2% y/y (prior 1.5%)     

Melbourne Institute monthly CPI survey
– -0.1% m/m (prior 0.2%
– 1.2% y/y (prior 1.5%)
– trimmed mean measure -0.1% and +1.21% respectively
Inflationary pressure will continue on a downward path in the months ahead with pandemic demand destruction. 

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