In Australia, the TD-MI Inflation Gauge MoM measures month-to-month price movements for a wide array of goods and services across major capital cities. This gauge aims to offer timely updates on inflation trends, which can influence economic analysis and financial market expectations, reflecting underlying inflationary pressures in the economy.
A higher than expected figure should be seen as positive (bullish) for the AUD while a lower than expected figure should be seen as negative (bearish) for the AUD.