Inflation Australia 2019
Average inflation: 1.6%
Current Inflation
Inflation is low at 1.6%, below the ECB target of 2%.
Peak and Trough
The highest inflation was in November at 1.8%. The lowest inflation was in February at 1.3%.
- Highest month
- November: 1.8%
- Lowest month
- February: 1.3%
- Difference
- 0.5 percentage points
- Months with data
- 4 of 12
Historical Context
Current inflation is around the 5-year average of 1.6%.
- 5-year average
- 1.6%
- 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 2018, the difference is minimal (-0.3 percentage point).
- Change vs. previous year
- -0.3 percentage points
- Largest monthly swing
- February: -0.6 percentage points
ECB Target
Inflation is 0.4% below the ECB target of 2.0%. Too low inflation may indicate economic weakness.
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 €101.60 next year at this inflation rate.
Multi-year trend
Monthly figures 2019
Month overview
| Month | Inflation | Difference vs. 2018 |
|---|---|---|
| February | 1.3% | -0.6 |
| May | 1.6% | -0.5 |
| August | 1.7% | -0.2 |
| November | 1.8% | 0.0 |
| Average | 1.6% |
Data source
Data from OECD. Last updated: 24/11/2025.Not all months available yet.