Inflation Australia 2014
Average inflation: 2.5%
Current Inflation
Inflation is normal at 2.5%, around the ECB target.
Peak and Trough
The highest inflation was in May at 3.0%. The lowest inflation was in November at 1.7%.
- Highest month
- May: 3.0%
- Lowest month
- November: 1.7%
- Difference
- 1.3 percentage points
- Months with data
- 4 of 12
Historical Context
Current inflation is around the 5-year average of 2.6%.
- 5-year average
- 2.6%
- 10-year average
- 2.8%
- All-time high (1995)
- 4.6%
- All-time low (1997)
- 0.2%
Trend
Inflation has remained relatively stable. Compared to 2013, the difference is minimal (+0.0 percentage point).
- Change vs. previous year
- +0.0 percentage points
- Largest monthly swing
- November: -1.0 percentage points
ECB Target
Inflation is 0.5% 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 €102.50 next year at this inflation rate.
Multi-year trend
Monthly figures 2014
Month overview
| Month | Inflation | Difference vs. 2013 |
|---|---|---|
| February | 2.9% | +0.4 |
| May | 3.0% | +0.6 |
| August | 2.3% | +0.1 |
| November | 1.7% | -1.0 |
| Average | 2.5% |
Data source
Data from OECD. Last updated: 24/11/2025.Not all months available yet.