Inflation Australia 1964
Average inflation: 2.9%
Current Inflation
Inflation is normal at 2.9%, around the ECB target.
Peak and Trough
The highest inflation was in November at 3.8%. The lowest inflation was in August at 2.5%.
- Highest month
- November: 3.8%
- Lowest month
- August: 2.5%
- Difference
- 1.3 percentage points
- Months with data
- 4 of 12
Historical Context
Current inflation is 1.0% higher than the 5-year average of 1.9%.
- 5-year average
- 1.9%
- 10-year average
- 1.9%
- All-time high (1960)
- 3.7%
- All-time low (1962)
- -0.3%
Trend
Inflation shows an upward trend. Compared to 1963, inflation has risen by +2.2 percentage point.
- Change vs. previous year
- +2.2 percentage points
- Largest monthly swing
- February: +2.6 percentage points
ECB Target
Inflation is 0.9% 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 €102.90 next year at this inflation rate.
Multi-year trend
Monthly figures 1964
Month overview
| Month | Inflation | Difference vs. 1963 |
|---|---|---|
| February | 2.6% | +2.6 |
| May | 2.6% | +2.6 |
| August | 2.5% | +1.2 |
| November | 3.8% | +2.5 |
| Average | 2.9% |
Data source
Data from OECD. Last updated: 24/11/2025.Not all months available yet.