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Melbourne Institute Monthly Inflation Gauge
Melbourne Institute Monthly Inflation Gauge remained flat in February, following a 0.1 per cent rise in January. In the twelve months to February, the Inflation Gauge increased by 1.3 per cent, following a 1.5 per cent rise for the twelve months to January. Contri buting to the overall change in February were price rises for automotive fuel (+4.7 per cent), utilities (+0.8 per cent), and insurance (+1.1 per cent). These were offset by falls in fruit and vegetables ( - 5.3 per cent), holiday travel and accommodation ( - 3.0 per cent) and newspapers, books and stationery ( - 1.2 per cent). The trimmed mean of the ... (full story)