Inflation Australia 1982

Average inflation: 11.4%

Current Inflation

Inflation is very high at 11.4%, far above the ECB target.

Peak and Trough

The highest inflation was in August at 12.4%. The lowest inflation was in February at 10.8%.

Highest month
August: 12.4%
Lowest month
February: 10.8%
Difference
1.6 percentage points
Months with data
4 of 12

Historical Context

Current inflation is 1.8% higher than the 5-year average of 9.6%.

5-year average
9.6%
10-year average
11.3%
All-time high (1974)
15.4%
All-time low (1963)
0.7%

Trend

Inflation shows an upward trend. Compared to 1981, inflation has risen by +2.0 percentage point.

Change vs. previous year
+2.0 percentage points
Largest monthly swing
August: +3.4 percentage points

ECB Target

Inflation is 9.4% 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 €111.40 next year at this inflation rate.

Multi-year trend

Monthly figures 1982

Month overview

Month Inflation Difference vs. 1981
February 10.8% +1.4
May 10.9% +2.5
August 12.4% +3.4
November 11.3% +0.3
Average 11.4%

Data source

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

See also