Inflation Australia 2001
Average inflation: 4.4%
Current Inflation
Inflation is high at 4.4%, well above the ECB target.
Peak and Trough
The highest inflation was in May at 6.1%. The lowest inflation was in August at 2.5%.
- Highest month
- May: 6.1%
- Lowest month
- August: 2.5%
- Difference
- 3.6 percentage points
- Months with data
- 4 of 12
Historical Context
Current inflation is 2.1% higher than the 5-year average of 2.3%.
- 5-year average
- 2.3%
- 10-year average
- 2.4%
- All-time high (1982)
- 11.4%
- All-time low (1997)
- 0.2%
Trend
Inflation shows an upward trend. Compared to 2000, inflation has risen by -0.1 percentage point.
- Change vs. previous year
- -0.1 percentage points
- Largest monthly swing
- August: -3.6 percentage points
ECB Target
Inflation is 2.4% 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 €104.40 next year at this inflation rate.
Multi-year trend
Monthly figures 2001
Month overview
| Month | Inflation | Difference vs. 2000 |
|---|---|---|
| February | 6.0% | +3.2 |
| May | 6.1% | +3.0 |
| August | 2.5% | -3.6 |
| November | 3.1% | -2.7 |
| Average | 4.4% |
Data source
Data from OECD. Last updated: 24/11/2025.Not all months available yet.