Monthly inflation rose in July
The Melbourne Institute Monthly Inflation Gauge increased materially in July, after falling in the previous two months. The increase was broad-based, with annual headline inflation of 4.0 per cent. The monthly cost of living also increased across a range of household types (age pensioners, other government transfer recipients, employees, pensioners and beneficiaries and self-funded retirees).
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Next release: 11 am (AEST), 31 August 2026
The Melbourne Institute Monthly Inflation Gauge is designed to give markets and policy makers a monthly update on inflation trends.
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