Inflation Australia 2012

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 November at 2.2%. The lowest inflation was in May at 1.2%.

Highest month
November: 2.2%
Lowest month
May: 1.2%
Difference
1.0 percentage points
Months with data
4 of 12

Historical Context

Current inflation is 1.0% lower than the 5-year average of 2.8%.

5-year average
2.8%
10-year average
2.8%
All-time high (1995)
4.6%
All-time low (1997)
0.2%

Trend

Inflation shows a downward trend. Compared to 2011, inflation has fallen by +1.5 percentage point.

Change vs. previous year
-1.5 percentage points
Largest monthly swing
May: -2.3 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 2012

Month overview

Month Inflation Difference vs. 2011
February 1.6% -1.7
May 1.2% -2.3
August 2.0% -1.4
November 2.2% -0.8
Average 1.8%

Data source

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

See also