Inflation Australia 1985
Average inflation: 6.7%
Current Inflation
Inflation is very high at 6.7%, far above the ECB target.
Peak and Trough
The highest inflation was in November at 8.3%. The lowest inflation was in February at 4.4%.
- Highest month
- November: 8.3%
- Lowest month
- February: 4.4%
- Difference
- 3.9 percentage points
- Months with data
- 4 of 12
Historical Context
Current inflation is 1.6% lower than the 5-year average of 8.3%.
- 5-year average
- 8.3%
- 10-year average
- 9.4%
- All-time high (1974)
- 15.4%
- All-time low (1968)
- 2.5%
Trend
Inflation shows a downward trend. Compared to 1984, inflation has fallen by +2.7 percentage point.
- Change vs. previous year
- +2.7 percentage points
- Largest monthly swing
- November: +5.8 percentage points
ECB Target
Inflation is 4.7% 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 €106.70 next year at this inflation rate.
Multi-year trend
Monthly figures 1985
Month overview
| Month | Inflation | Difference vs. 1984 |
|---|---|---|
| February | 4.4% | -1.4 |
| May | 6.6% | +2.6 |
| August | 7.6% | +3.9 |
| November | 8.3% | +5.8 |
| Average | 6.7% |
Data source
Data from OECD. Last updated: 24/11/2025.Not all months available yet.