AUD MI Inflation Gauge

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Aussie inflation gauge came in at 0.1%; lower than the prior release of 0.2%. The market had a limited reaction to the release on report last October 3, 2010. An independent research institute provides data that the government doesn’t release on a monthly basis, reported last October 31, 2010. Melbourne Institute’s inflation gauge has shown very steady rises in prices – only 0.1%. A stronger rise is expected this time.