Inflation Australia 1975
Average inflation: 15.3%
Current Inflation
Inflation is very high at 15.3%, far above the ECB target.
Peak and Trough
The highest inflation was in February at 17.7%. The lowest inflation was in August at 12.0%.
- Highest month
- February: 17.7%
- Lowest month
- August: 12.0%
- Difference
- 5.7 percentage points
- Months with data
- 4 of 12
Historical Context
Current inflation is 4.9% higher than the 5-year average of 10.4%. This approaches the highest level since records began (15.4% in 1974).
- 5-year average
- 10.4%
- 10-year average
- 6.8%
- All-time high (1974)
- 15.4%
- All-time low (1962)
- -0.3%
Trend
Inflation shows an upward trend. Compared to 1974, inflation has risen by -0.1 percentage point.
- Change vs. previous year
- -0.1 percentage points
- Largest monthly swing
- August: -4.4 percentage points
ECB Target
Inflation is 13.3% above the ECB target of 2.0%. This means purchasing power is declining faster than intended.
Purchasing Power
At this high inflation rate, purchasing power rapidly decreases. This has a major impact on households, especially without adequate salary increases.
What you could buy for €100 this year will cost approximately €115.30 next year at this inflation rate.
Multi-year trend
Monthly figures 1975
Month overview
| Month | Inflation | Difference vs. 1974 |
|---|---|---|
| February | 17.7% | +3.7 |
| May | 17.0% | +2.6 |
| August | 12.0% | -4.4 |
| November | 14.3% | -2.4 |
| Average | 15.3% |
Data source
Data from OECD. Last updated: 24/11/2025.Not all months available yet.