Inflation Australia 1961

Average inflation: 2.3%

Current Inflation

Inflation is normal at 2.3%, around the ECB target.

Peak and Trough

The highest inflation was in February at 4.0%. The lowest inflation was in November at 0.0%.

Highest month
February: 4.0%
Lowest month
November: 0.0%
Difference
4.0 percentage points
Months with data
4 of 12

Historical Context

Current inflation is 0.7% lower than the 5-year average of 3.0%. This approaches the lowest level since records began (2.3% in 1961).

5-year average
3%
10-year average
3%
All-time high (1960)
3.7%
All-time low (1961)
2.3%

Trend

Inflation shows a downward trend. Compared to 1960, inflation has fallen by +1.4 percentage point.

Change vs. previous year
-1.4 percentage points
Largest monthly swing
November: -4.0 percentage points

ECB Target

Inflation is close to the ECB target of 2.0%.

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 €102.30 next year at this inflation rate.

Multi-year trend

Monthly figures 1961

Month overview

Month Inflation Difference vs. 1960
February 4.0% +1.3
May 3.9% -0.2
August 1.3% -2.8
November 0.0% -4.0
Average 2.3%

Data source

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

See also