Inflation Australia 1987
Average inflation: 8.6%
Current Inflation
Inflation is very high at 8.6%, far above the ECB target.
Peak and Trough
The highest inflation was in February at 9.4%. The lowest inflation was in November at 7.2%.
- Highest month
- February: 9.4%
- Lowest month
- November: 7.2%
- Difference
- 2.2 percentage points
- Months with data
- 4 of 12
Historical Context
Current inflation is 0.9% higher than the 5-year average of 7.7%.
- 5-year average
- 7.7%
- 10-year average
- 8.6%
- All-time high (1974)
- 15.4%
- All-time low (1968)
- 2.5%
Trend
Inflation shows an upward trend. Compared to 1986, inflation has risen by -0.4 percentage point.
- Change vs. previous year
- -0.4 percentage points
- Largest monthly swing
- November: -2.4 percentage points
ECB Target
Inflation is 6.6% 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 €108.60 next year at this inflation rate.
Multi-year trend
Monthly figures 1987
Month overview
| Month | Inflation | Difference vs. 1986 |
|---|---|---|
| February | 9.4% | +0.2 |
| May | 9.3% | +0.8 |
| August | 8.3% | -0.5 |
| November | 7.2% | -2.4 |
| Average | 8.6% |
Data source
Data from OECD. Last updated: 24/11/2025.Not all months available yet.