Inflation Australia 2005
Average inflation: 2.7%
Current Inflation
Inflation is normal at 2.7%, around the ECB target.
Peak and Trough
The highest inflation was in August at 3.1%. The lowest inflation was in February at 2.4%.
- Highest month
- August: 3.1%
- Lowest month
- February: 2.4%
- Difference
- 0.7 percentage points
- Months with data
- 4 of 12
Historical Context
Current inflation is around the 5-year average of 3.0%.
- 5-year average
- 3%
- 10-year average
- 2.5%
- All-time high (1986)
- 9%
- All-time low (1997)
- 0.2%
Trend
Inflation has remained relatively stable. Compared to 2004, the difference is minimal (+0.4 percentage point).
- Change vs. previous year
- +0.4 percentage points
- Largest monthly swing
- August: +0.8 percentage points
ECB Target
Inflation is 0.7% 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 €102.70 next year at this inflation rate.
Multi-year trend
Monthly figures 2005
Month overview
| Month | Inflation | Difference vs. 2004 |
|---|---|---|
| February | 2.4% | +0.4 |
| May | 2.5% | 0.0 |
| August | 3.1% | +0.8 |
| November | 2.8% | +0.3 |
| Average | 2.7% |
Data source
Data from OECD. Last updated: 24/11/2025.Not all months available yet.