Inflation Australia 2011
Average inflation: 3.3%
Current Inflation
Inflation is high at 3.3%, well above the ECB target.
Peak and Trough
The highest inflation was in May at 3.5%. The lowest inflation was in November at 3.0%.
- Highest month
- May: 3.5%
- Lowest month
- November: 3.0%
- Difference
- 0.5 percentage points
- Months with data
- 4 of 12
Historical Context
Current inflation is around the 5-year average of 2.9%.
- 5-year average
- 2.9%
- 10-year average
- 2.9%
- All-time high (1995)
- 4.6%
- All-time low (1997)
- 0.2%
Trend
Inflation shows an upward trend. Compared to 2010, inflation has risen by +0.4 percentage point.
- Change vs. previous year
- +0.4 percentage points
- Largest monthly swing
- August: +0.5 percentage points
ECB Target
Inflation is 1.3% 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 €103.30 next year at this inflation rate.
Multi-year trend
Monthly figures 2011
Month overview
| Month | Inflation | Difference vs. 2010 |
|---|---|---|
| February | 3.3% | +0.4 |
| May | 3.5% | +0.4 |
| August | 3.4% | +0.5 |
| November | 3.0% | +0.2 |
| Average | 3.3% |
Data source
Data from OECD. Last updated: 24/11/2025.Not all months available yet.