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Monthly Inflation Gauge and Cost of Living report

Monthly Inflation Gauge and Cost of Living report

The Melbourne Institute Monthly Inflation Gauge recorded a fall in monthly inflation during February, influenced by price falls for recreation and culture.  The decrease in monthly inflation was primarily offset by price rises for health and furniture & furnishings. The monthly cost of living also increased for three of the five selected household types (age pensioners, pensioners and beneficiaries and other government transfer recipients). The Gauge continues to show annual inflation lying within the 2-3 per cent target band.

Published 03 Mar 2025

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