22 Jan 2015
Australia: Inflationary expectations fell in January - Melbourne Institute
FXStreet (Bali) - The Melbourne Institute Survey of Consumer Inflationary Expectations fell by 0.2 percentage points to 3.2 per cent in January 2015 from 3.4 per cent in December 2014.
Key Quotes
In January, the proportion of respondents (excluding the ‘don’t knows’) expecting the inflation rate to fall within the 0-5 per cent range decreased by 6 percentage points to 71.6 per cent in January from 77.6 per cent in December.
This was mainly due to a large drop in the cluster of responses around the expected price change of 5 per cent. As a result, the weighted mean of responses within the 0-5 per cent range fell to 2.4 per cent from 2.6 per cent in December, signalling a shift in the distribution of responses within this range towards the lower end.
The February 2015 Survey of Consumer Inflationary Expectations will be released at 11am AEDT, Thursday 12 February 2015.
Key Quotes
In January, the proportion of respondents (excluding the ‘don’t knows’) expecting the inflation rate to fall within the 0-5 per cent range decreased by 6 percentage points to 71.6 per cent in January from 77.6 per cent in December.
This was mainly due to a large drop in the cluster of responses around the expected price change of 5 per cent. As a result, the weighted mean of responses within the 0-5 per cent range fell to 2.4 per cent from 2.6 per cent in December, signalling a shift in the distribution of responses within this range towards the lower end.
The February 2015 Survey of Consumer Inflationary Expectations will be released at 11am AEDT, Thursday 12 February 2015.