Australia’s TD-MI Inflation Gauge rebounds in July, signalling renewed monthly price pressures

by VT Markets
/
Aug 3, 2026

Australia’s TD-MI Inflation Gauge rose 1% month on month in July, reversing a 0.4% fall in the prior month. The move marks a shift from negative to positive monthly inflation momentum in the indicator.

The data point adds a fresh reading to Australia’s inflation backdrop and signals renewed upward pressure on the gauge over the month. July’s increase follows the earlier decline, leaving the series with a sharper month-to-month swing.

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