Inflation Australia 1990
Average inflation: 7.3%
Current Inflation
Inflation is very high at 7.3%, far above the ECB target.
Peak and Trough
The highest inflation was in February at 8.7%. The lowest inflation was in August at 6.1%.
- Highest month
- February: 8.7%
- Lowest month
- August: 6.1%
- Difference
- 2.6 percentage points
- Months with data
- 4 of 12
Historical Context
Current inflation is 0.6% lower than the 5-year average of 7.9%.
- 5-year average
- 7.9%
- 10-year average
- 8.1%
- All-time high (1974)
- 15.4%
- All-time low (1984)
- 4%
Trend
Inflation has remained relatively stable. Compared to 1989, the difference is minimal (-0.2 percentage point).
- Change vs. previous year
- -0.2 percentage points
- Largest monthly swing
- August: -1.9 percentage points
ECB Target
Inflation is 5.3% 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 €107.30 next year at this inflation rate.
Multi-year trend
Monthly figures 1990
Month overview
| Month | Inflation | Difference vs. 1989 |
|---|---|---|
| February | 8.7% | +1.9 |
| May | 7.7% | +0.2 |
| August | 6.1% | -1.9 |
| November | 6.9% | -0.9 |
| Average | 7.3% |
Data source
Data from OECD. Last updated: 24/11/2025.Not all months available yet.