Inflation Australia 1967
Average inflation: 3.5%
Current Inflation
Inflation is high at 3.5%, well above the ECB target.
Peak and Trough
The highest inflation was in August at 4.7%. The lowest inflation was in February at 2.3%.
- Highest month
- August: 4.7%
- Lowest month
- February: 2.3%
- Difference
- 2.4 percentage points
- Months with data
- 4 of 12
Historical Context
Current inflation is 0.7% higher than the 5-year average of 2.8%. This approaches the highest level since records began (3.7% in 1960).
- 5-year average
- 2.8%
- 10-year average
- 2.4%
- All-time high (1960)
- 3.7%
- All-time low (1962)
- -0.3%
Trend
Inflation has remained relatively stable. Compared to 1966, the difference is minimal (+0.2 percentage point).
- Change vs. previous year
- +0.2 percentage points
- Largest monthly swing
- February: -2.6 percentage points
ECB Target
Inflation is 1.5% 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 €103.50 next year at this inflation rate.
Multi-year trend
Monthly figures 1967
Month overview
| Month | Inflation | Difference vs. 1966 |
|---|---|---|
| February | 2.3% | -2.6 |
| May | 3.5% | -0.1 |
| August | 4.7% | +2.3 |
| November | 3.4% | +1.0 |
| Average | 3.5% |
Data source
Data from OECD. Last updated: 24/11/2025.Not all months available yet.