Inflation Australia 1999
Average inflation: 1.5%
Current Inflation
Inflation is low at 1.5%, below the ECB target of 2%.
Peak and Trough
The highest inflation was in November at 1.9%. The lowest inflation was in May at 1.0%.
- Highest month
- November: 1.9%
- Lowest month
- May: 1.0%
- Difference
- 0.9 percentage points
- Months with data
- 4 of 12
Historical Context
Current inflation is around the 5-year average of 2.0%.
- 5-year average
- 2%
- 10-year average
- 2.5%
- All-time high (1982)
- 11.4%
- All-time low (1997)
- 0.2%
Trend
Inflation shows an upward trend. Compared to 1998, inflation has risen by +0.6 percentage point.
- Change vs. previous year
- +0.6 percentage points
- Largest monthly swing
- February: +1.3 percentage points
ECB Target
Inflation is 0.5% below the ECB target of 2.0%. Too low inflation may indicate economic weakness.
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 €101.50 next year at this inflation rate.
Multi-year trend
Monthly figures 1999
Month overview
| Month | Inflation | Difference vs. 1998 |
|---|---|---|
| February | 1.2% | +1.3 |
| May | 1.0% | +0.3 |
| August | 1.8% | +0.4 |
| November | 1.9% | +0.4 |
| Average | 1.5% |
Data source
Data from OECD. Last updated: 24/11/2025.Not all months available yet.