Inflation Australia 2018
Average inflation: 1.9%
Current Inflation
Inflation is low at 1.9%, below the ECB target of 2%.
Peak and Trough
The highest inflation was in May at 2.1%. The lowest inflation was in November at 1.8%.
- Highest month
- May: 2.1%
- Lowest month
- November: 1.8%
- Difference
- 0.3 percentage points
- Months with data
- 4 of 12
Historical Context
Current inflation is around the 5-year average of 1.8%.
- 5-year average
- 1.8%
- 10-year average
- 2.1%
- All-time high (2000)
- 4.5%
- All-time low (2016)
- 1.3%
Trend
Inflation has remained relatively stable. Compared to 2017, the difference is minimal (+0.0 percentage point).
- Change vs. previous year
- +0.0 percentage points
- Largest monthly swing
- February: -0.2 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 €101.90 next year at this inflation rate.
Multi-year trend
Monthly figures 2018
Month overview
| Month | Inflation | Difference vs. 2017 |
|---|---|---|
| February | 1.9% | -0.2 |
| May | 2.1% | +0.2 |
| August | 1.9% | +0.1 |
| November | 1.8% | -0.1 |
| Average | 1.9% |
Data source
Data from OECD. Last updated: 24/11/2025.Not all months available yet.