Inflation Australia 1991
Average inflation: 3.2%
Current Inflation
Inflation is high at 3.2%, well above the ECB target.
Peak and Trough
The highest inflation was in February at 4.8%. The lowest inflation was in November at 1.5%.
- Highest month
- February: 4.8%
- Lowest month
- November: 1.5%
- Difference
- 3.3 percentage points
- Months with data
- 4 of 12
Historical Context
Current inflation is 3.6% lower than the 5-year average of 6.8%. This approaches the lowest level since records began (3.2% in 1991).
- 5-year average
- 6.8%
- 10-year average
- 7.5%
- All-time high (1974)
- 15.4%
- All-time low (1991)
- 3.2%
Trend
Inflation shows a downward trend. Compared to 1990, inflation has fallen by +4.1 percentage point.
- Change vs. previous year
- -4.1 percentage points
- Largest monthly swing
- November: -5.4 percentage points
ECB Target
Inflation is 1.2% above the ECB target of 2.0%. This means purchasing power is declining faster than intended.
Purchasing Power
At this inflation rate, purchasing power noticeably decreases. Without a salary increase, you can buy less with the same money.
What you could buy for €100 this year will cost approximately €103.20 next year at this inflation rate.
Multi-year trend
Monthly figures 1991
Month overview
| Month | Inflation | Difference vs. 1990 |
|---|---|---|
| February | 4.8% | -3.9 |
| May | 3.3% | -4.4 |
| August | 3.1% | -3.0 |
| November | 1.5% | -5.4 |
| Average | 3.2% |
Data source
Data from OECD. Last updated: 24/11/2025.Not all months available yet.