Inflation Australia 1980
Average inflation: 10.1%
Current Inflation
Inflation is very high at 10.1%, far above the ECB target.
Peak and Trough
The highest inflation was in May at 11.0%. The lowest inflation was in November at 9.2%.
- Highest month
- May: 11.0%
- Lowest month
- November: 9.2%
- Difference
- 1.8 percentage points
- Months with data
- 4 of 12
Historical Context
Current inflation is around the 5-year average of 10.6%.
- 5-year average
- 10.6%
- 10-year average
- 10.5%
- All-time high (1974)
- 15.4%
- All-time low (1962)
- -0.3%
Trend
Inflation shows an upward trend. Compared to 1979, inflation has risen by +1.0 percentage point.
- Change vs. previous year
- +1.0 percentage points
- Largest monthly swing
- February: +2.4 percentage points
ECB Target
Inflation is 8.1% 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 €110.10 next year at this inflation rate.
Multi-year trend
Monthly figures 1980
Month overview
| Month | Inflation | Difference vs. 1979 |
|---|---|---|
| February | 10.4% | +2.4 |
| May | 11.0% | +2.2 |
| August | 9.9% | +0.4 |
| November | 9.2% | -1.0 |
| Average | 10.1% |
Data source
Data from OECD. Last updated: 24/11/2025.Not all months available yet.