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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 an increase in monthly inflation during March, primarily influenced by price rises for recreation and culture.  The increase in monthly inflation was largely offset by price falls for food and non-alcoholic beverages. The monthly cost of living also increased for each of the five selected household types (age pensioners, pensioners and beneficiaries and other government transfer recipients). Despite the increase, annual headline inflation remains with the 2-3 per cent target band.

Published 31 Mar 2025

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