Inflation Expectations in Australia increased to 5 percent in June from 4.10 percent in May of 2025. This dataset provides - Australia Inflation Expectations- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Australia Inflation Expectations: Consumer: 1 Year Ahead data was reported at 3.638 % in Mar 2025. This records a decrease from the previous number of 4.223 % for Dec 2024. Australia Inflation Expectations: Consumer: 1 Year Ahead data is updated quarterly, averaging 4.048 % from Mar 2016 (Median) to Mar 2025, with 37 observations. The data reached an all-time high of 6.661 % in Jun 2022 and a record low of 3.100 % in Sep 2020. Australia Inflation Expectations: Consumer: 1 Year Ahead data remains active status in CEIC and is reported by Reserve Bank of Australia. The data is categorized under Global Database’s Australia – Table AU.I066: Inflation Expectation. Inflation Expectation is measured by the Melbourne Institute Survey of Consumer Inflationary Expectations trimmed mean expected inflation rate for the year ahead; the data are collected monthly and end-quarter observations are shown.

Inflation Rate in Australia remained unchanged at 2.40 percent in the first quarter of 2025 from 2.40 percent in the fourth quarter of 2024. This dataset provides the latest reported value for - Australia Inflation Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Australia Median Inflation Expectations: Next Year: Market Economists data was reported at 2.500 % in Mar 2025. This stayed constant from the previous number of 2.500 % for Dec 2024. Australia Median Inflation Expectations: Next Year: Market Economists data is updated quarterly, averaging 2.600 % from Sep 1994 (Median) to Mar 2025, with 102 observations. The data reached an all-time high of 4.900 % in Dec 1999 and a record low of 1.700 % in Sep 2020. Australia Median Inflation Expectations: Next Year: Market Economists data remains active status in CEIC and is reported by Reserve Bank of Australia. The data is categorized under Global Database’s Australia – Table AU.I066: Inflation Expectation.

The statistic shows the inflation rate in Australia from 1987 to 2023, with projections up until 2030. The inflation rate is calculated using the price increase of a defined product basket. This product basket contains products and services, on which the average consumer spends money throughout the year. They include expenses for groceries, clothes, rent, power, telecommunications, recreational activities and raw materials (e.g. gas, oil), as well as federal fees and taxes. In 2023, the average inflation rate in Australia was at about 5.62 percent compared to the previous year. Australia's economy Australia has one of the world’s largest economies and is a significant global importer and exporter. It is also labeled as one of the G20 countries, also known as the Group of Twenty, which consists of 20 major economies around the globe. The Australian economy is highly dependent on its mining sector as well as its agricultural sector in order to grow, and it exports the majority of these goods to eastern Asian countries, most prominently China. Large quantities of exports have helped Australia maintain a stable economy and furthered economic expansion, despite being affected by several economic obstacles. Australia’s GDP has seen a significant increase over the past decade, more than doubling its value, and experienced a rather quick recovery from the 2008 financial crisis, which indicates that the country experienced economic growth as well as higher productivity. One of the primary reasons is the further development of the nation’s mining industry coupled with the expansion and success of many Australian mining companies.

This dataset provides values for INFLATION RATE reported in several countries. The data includes current values, previous releases, historical highs and record lows, release frequency, reported unit and currency.

Australia: Inflation forecast: The latest value from 2030 is 2.48 percent, a decline from 2.5 percent in 2029. In comparison, the world average is 3.65 percent, based on data from 182 countries. Historically, the average for Australia from 1989 to 2030 is 2.83 percent. The minimum value, -0.3 percent, was reached in 1997 while the maximum of 7.83 percent was recorded in 2022.

Australia Inflation Expectations: Consumer: 3 Months Ahead data was reported at 1.710 % in Mar 2025. This records a decrease from the previous number of 2.010 % for Dec 2024. Australia Inflation Expectations: Consumer: 3 Months Ahead data is updated quarterly, averaging 1.690 % from Sep 1989 (Median) to Mar 2025, with 143 observations. The data reached an all-time high of 5.280 % in Jun 2022 and a record low of 0.190 % in Sep 2020. Australia Inflation Expectations: Consumer: 3 Months Ahead data remains active status in CEIC and is reported by Reserve Bank of Australia. The data is categorized under Global Database’s Australia – Table AU.I066: Inflation Expectation.

Australia Median Inflation Expectations: Present Year: Market Economists data was reported at 3.100 % in Mar 2025. This stayed constant from the previous number of 3.100 % for Dec 2024. Australia Median Inflation Expectations: Present Year: Market Economists data is updated quarterly, averaging 2.600 % from Sep 1993 (Median) to Mar 2025, with 109 observations. The data reached an all-time high of 5.500 % in Sep 2000 and a record low of 1.600 % in Mar 2021. Australia Median Inflation Expectations: Present Year: Market Economists data remains active status in CEIC and is reported by Reserve Bank of Australia. The data is categorized under Global Database’s Australia – Table AU.I066: Inflation Expectation.

This dataset provides values for MICHIGAN 5 YEAR INFLATION EXPECTATIONS reported in several countries. The data includes current values, previous releases, historical highs and record lows, release frequency, reported unit and currency.

Australia Median Inflation Expectations: Next Year: Union Officials data was reported at 3.350 % in Sep 2023. This records a decrease from the previous number of 3.875 % for Jun 2023. Australia Median Inflation Expectations: Next Year: Union Officials data is updated quarterly, averaging 3.000 % from Mar 1997 (Median) to Sep 2023, with 107 observations. The data reached an all-time high of 4.500 % in Dec 2000 and a record low of 1.625 % in Sep 2020. Australia Median Inflation Expectations: Next Year: Union Officials data remains active status in CEIC and is reported by Australian Council of Trade Unions. The data is categorized under Global Database’s Australia – Table AU.I066: Inflation Expectation.

Australia Median Inflation Expectations: Present Year: Union Officials data was reported at 4.250 % in Sep 2023. This records a decrease from the previous number of 5.000 % for Jun 2023. Australia Median Inflation Expectations: Present Year: Union Officials data is updated quarterly, averaging 2.850 % from Sep 1996 (Median) to Sep 2023, with 109 observations. The data reached an all-time high of 6.000 % in Sep 2022 and a record low of 1.000 % in Sep 2020. Australia Median Inflation Expectations: Present Year: Union Officials data remains active status in CEIC and is reported by Australian Council of Trade Unions. The data is categorized under Global Database’s Australia – Table AU.I066: Inflation Expectation. This refers to the median inflation expectations measure in a survey by the Australian Council of Trade Unions. The surveys are held once each quarter following the release of the Consumer Price Index and before the publication of the Statement on Monetary Policy.

Monthly Data from June 1993 Covers: -Expected Price Changes - Median. -Expected Price Changes - Mean.

  The survey is conduct monthly by telephone and the sample size is typically 1200 households. Each respondent is characterized by: gender, age, occupation, education, political party preference, home ownership, household income, and postcode. The Survey is used to compile the following Report: The Melbourne Institute Survey of Consumer Inflationary Expectations. The Report produces a direct measure of inflationary expectations as consumers are asked whether, and by how much, they believe prices will change over the coming 12 months. This report is produced monthly.

The Consumer Price Index in Australia increased 0.90 percent in March of 2025 over the previous month. This dataset provides - Australia Inflation Rate QoQ - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The average for 2025 based on 12 countries was 3.44 percent. The highest value was in Papua New Guinea: 5.07 percent and the lowest value was in Tuvalu: 1.46 percent. The indicator is available from 1980 to 2030. Below is a chart for all countries where data are available.

Australia RBA Forecast: Underlying Inflation: High data was reported at 2.700 % in Jun 2027. This stayed constant from the previous number of 2.700 % for Dec 2026. Australia RBA Forecast: Underlying Inflation: High data is updated semiannually, averaging 2.500 % from Jun 2007 (Median) to Jun 2027, with 41 observations. The data reached an all-time high of 6.500 % in Dec 2022 and a record low of 1.000 % in Dec 2020. Australia RBA Forecast: Underlying Inflation: High data remains active status in CEIC and is reported by Reserve Bank of Australia. The data is categorized under Global Database’s Australia – Table AU.I004: Consumer Price Index: Forecast.

In 2020, the GDP shrunk by *** percent in Australia, and inflation was at an all-time low at *** percent over the last 20 years. In 2021, the GDP is predicted to grow by *** percent, and inflation to grow by *** percent. According to the forecast, the Gross Domestic Product and inflation will grow weakly over the next five years in Australia.

Australia Inflation Nowcast: Contribution: Inflation Survey: Inflation Expectation: 2 Years Ahead data was reported at 0.000 % in 12 May 2025. This stayed constant from the previous number of 0.000 % for 05 May 2025. Australia Inflation Nowcast: Contribution: Inflation Survey: Inflation Expectation: 2 Years Ahead data is updated weekly, averaging 0.942 % from Mar 2021 (Median) to 12 May 2025, with 216 observations. The data reached an all-time high of 25.083 % in 20 Jun 2022 and a record low of 0.000 % in 12 May 2025. Australia Inflation Nowcast: Contribution: Inflation Survey: Inflation Expectation: 2 Years Ahead data remains active status in CEIC and is reported by CEIC Data. The data is categorized under Global Database’s Australia – Table AU.CEIC.NC: CEIC Nowcast: Inflation: Headline.

2022 and 2023 saw inflation rates rise all over the world, especially spurred by effects of the COVID-19 pandemic and Russia's invasion of Ukraine. With its hyperinflation, ********* was predicted to have the highest inflation rate of the countries included here both in 2023, 2024, and 2025. On the other hand, ******* inflation rate was estimated to only reach *** percent in 2024.

Australia NAIRU: Equilibrium Unemployment Rate data was reported at 5.413 % in 2022. This records an increase from the previous number of 5.345 % for 2021. Australia NAIRU: Equilibrium Unemployment Rate data is updated yearly, averaging 5.759 % from Dec 1985 (Median) to 2022, with 38 observations. The data reached an all-time high of 8.377 % in 1993 and a record low of 4.951 % in 2007. Australia NAIRU: Equilibrium Unemployment Rate data remains active status in CEIC and is reported by Organisation for Economic Co-operation and Development. The data is categorized under Global Database’s Australia – Table AU.OECD.EO: Non-Accelerating Inflation Rate of Unemployment (NAIRU): Forecast: OECD Member: Annual. NAIRU - Equilibrium unemployment rate The equilibrium unemployment rate (code NAIRU) is estimated using a Kalman filter in a Phillips curve framework which assumes inflation expectations are anchored at the central bank’s inflation target . The NAIRU is then projected forward from the last estimated period using a simple autoregressive rule, exceptionally modified to account for recent labour market reforms, until the end of the forecasting horizon More details on methodology in Rusticelli E., Turner D. and M. C. Cavalleri (2015), Incorporating anchored inflation expectations in the Phillips Curve and in the derivation of OECD measures of equilibrium unemployment, OECD Economics Department Working Papers No.1231 OECD, Economics Department Working Papers: Incorporating anchored inflation expectations in the Phillips Curve and in the derivation of OECD measures of equilibrium unemployment:https://www.oecd-ilibrary.org/economics/incorporating-anchored-inflation-expectations-in-the-phillips-curve-and-in-the-derivation-of-oecd-measures-of-equilibrium-unemployment_5js1gmq551wd-en