Inflation Australia 1993
Average inflation: 1.8%
Current Inflation
Inflation is low at 1.8%, below the ECB target of 2%.
Peak and Trough
The highest inflation was in August at 2.2%. The lowest inflation was in February at 1.2%.
- Highest month
- August: 2.2%
- Lowest month
- February: 1.2%
- Difference
- 1.0 percentage points
- Months with data
- 4 of 12
Historical Context
Current inflation is 2.4% lower than the 5-year average of 4.2%.
- 5-year average
- 4.2%
- 10-year average
- 5.6%
- All-time high (1974)
- 15.4%
- All-time low (1992)
- 1%
Trend
Inflation shows a downward trend. Compared to 1992, inflation has fallen by +0.8 percentage point.
- Change vs. previous year
- +0.8 percentage points
- Largest monthly swing
- November: +1.5 percentage points
ECB Target
Inflation is close to the ECB target of 2.0%.
Purchasing Power
At this inflation rate, purchasing power gradually decreases. The impact on daily expenses is relatively limited.
What you could buy for €100 this year will cost approximately €101.80 next year at this inflation rate.
Multi-year trend
Monthly figures 1993
Month overview
| Month | Inflation | Difference vs. 1992 |
|---|---|---|
| February | 1.2% | -0.5 |
| May | 1.8% | +0.6 |
| August | 2.2% | +1.4 |
| November | 1.8% | +1.5 |
| Average | 1.8% |
Data source
Data from OECD. Last updated: 24/11/2025.Not all months available yet.