Inflation Australia 2009

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 February at 2.4%. The lowest inflation was in August at 1.2%.

Highest month
February: 2.4%
Lowest month
August: 1.2%
Difference
1.2 percentage points
Months with data
4 of 12

Historical Context

Current inflation is 1.1% lower than the 5-year average of 2.9%.

5-year average
2.9%
10-year average
3.1%
All-time high (1990)
7.3%
All-time low (1997)
0.2%

Trend

Inflation has remained relatively stable. Compared to 2008, the difference is minimal (-2.5 percentage point).

Change vs. previous year
-2.5 percentage points
Largest monthly swing
August: -3.8 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 2009

Month overview

Month Inflation Difference vs. 2008
February 2.4% -1.9
May 1.4% -3.0
August 1.2% -3.8
November 2.1% -1.6
Average 1.8%

Data source

Data from OECD. Last updated: 24/11/2025.Not all months available yet.

See also