Current inflation Australia 3.7%
February 2026
Current Inflation
Inflation is high at 3.8%, well above the ECB target.
Historical Context
Current inflation is 0.6% lower than the 5-year average of 4.4%.
- 5-year average
- 4.4%
- 10-year average
- 3.1%
- All-time high (1974)
- 15.4%
- All-time low (1962)
- -0.3%
Trend
Inflation has remained relatively stable. Compared to 2025, the difference is minimal (+0.8 percentage point).
ECB Target
Inflation is 1.8% 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 €103.80 next year at this inflation rate.
Last 12 months
5-year trend
Statistics
- This year (avg.)
- 3.8%
- Last year
- 3.0%
- 5-year average
- 3.8%
- All-time high (1974)
- 15.4%