Inflation Australia 1960

Average inflation: 3.7%

Current Inflation

Inflation is high at 3.7%, well above the ECB target.

Peak and Trough

The highest inflation was in May at 4.1%. The lowest inflation was in February at 2.7%.

Highest month
May: 4.1%
Lowest month
February: 2.7%
Difference
1.4 percentage points
Months with data
4 of 12

Historical Context

Current inflation is around the 5-year average of 3.7%. This approaches the highest level since records began (3.7% in 1960).

5-year average
3.7%
10-year average
3.7%
All-time high (1960)
3.7%
All-time low (1960)
3.7%

Trend

ECB Target

Inflation is 1.7% above the ECB target of 2.0%. This means purchasing power is declining faster than intended.

Purchasing Power

At this inflation rate, purchasing power noticeably decreases. Without a salary increase, you can buy less with the same money.

What you could buy for €100 this year will cost approximately €103.70 next year at this inflation rate.

Multi-year trend

Monthly figures 1960

Month overview

Month Inflation
February 2.7%
May 4.1%
August 4.1%
November 4.0%
Average 3.7%

Data source

Data from OECD. Last updated: 24/11/2025.Not all months available yet.

See also