Inflation Australia 2010
Average inflation: 2.9%
Current Inflation
Inflation is normal at 2.9%, around the ECB target.
Peak and Trough
The highest inflation was in May at 3.1%. The lowest inflation was in November at 2.8%.
- Highest month
- May: 3.1%
- Lowest month
- November: 2.8%
- Difference
- 0.3 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
- 3%
- All-time high (1995)
- 4.6%
- All-time low (1997)
- 0.2%
Trend
Inflation shows a downward trend. Compared to 2009, inflation has fallen by +1.1 percentage point.
- Change vs. previous year
- +1.1 percentage points
- Largest monthly swing
- May: +1.7 percentage points
ECB Target
Inflation is 0.9% 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 €102.90 next year at this inflation rate.
Multi-year trend
Monthly figures 2010
Month overview
| Month | Inflation | Difference vs. 2009 |
|---|---|---|
| February | 2.9% | +0.5 |
| May | 3.1% | +1.7 |
| August | 2.9% | +1.7 |
| November | 2.8% | +0.7 |
| Average | 2.9% |
Data source
Data from OECD. Last updated: 24/11/2025.Not all months available yet.