Inflation Australia 1994
Average inflation: 2.0%
Current Inflation
Inflation is normal at 2.0%, around the ECB target.
Peak and Trough
The highest inflation was in November at 2.6%. The lowest inflation was in February at 1.5%.
- Highest month
- November: 2.6%
- Lowest month
- February: 1.5%
- Difference
- 1.1 percentage points
- Months with data
- 4 of 12
Historical Context
Current inflation is 1.1% lower than the 5-year average of 3.1%.
- 5-year average
- 3.1%
- 10-year average
- 5.4%
- All-time high (1975)
- 15.3%
- All-time low (1992)
- 1%
Trend
Inflation has remained relatively stable. Compared to 1993, the difference is minimal (+0.2 percentage point).
- Change vs. previous year
- +0.2 percentage points
- Largest monthly swing
- November: +0.8 percentage points
ECB Target
Inflation is close to the ECB target of 2.0%.
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 €102.00 next year at this inflation rate.
Multi-year trend
Monthly figures 1994
Month overview
| Month | Inflation | Difference vs. 1993 |
|---|---|---|
| February | 1.5% | +0.3 |
| May | 1.8% | 0.0 |
| August | 2.0% | -0.2 |
| November | 2.6% | +0.8 |
| Average | 2.0% |
Data source
Data from OECD. Last updated: 24/11/2025.Not all months available yet.