Consumer inflation expectations in Australia rose to 5.6% in January 2023 from 5.2% in December. However, according to the Melbourne Institute, a general moderation in expectations has been observed in recent months as consumers seemed to respond to higher interest rates. Over the past three months, trimmed mean inflation expectations have averaged 5.6%, well below the 2022 peak of 6.7% in June. Wage expectations also increased in January, with total pay expected to grow by 1.1% over the next 12 months. Still, there is little evidence of any persistent surge in beliefs about future wage growth. source: Melbourne Institute

Inflation Expectations in Australia averaged 4.35 percent from 1995 until 2023, reaching an all time high of 8.60 percent in July of 2008 and a record low of 2.80 percent in September of 2013. This page provides - Australia Inflation Expectations- actual values, historical data, forecast, chart, statistics, economic calendar and news. Australia Inflation Expectations - data, historical chart, forecasts and calendar of releases - was last updated on January of 2023.

Inflation Expectations in Australia is expected to be 5.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations.

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Australia Inflation Expectations

Calendar GMT Actual Previous Consensus TEForecast
2022-12-15 12:00 AM Dec 5.2% 6% 6.2%
2023-01-19 12:00 AM Jan 5.6% 5.2% 4.9%
2023-02-16 12:00 AM Feb

Related Last Previous Unit Reference
MI Inflation Gauge MoM 0.20 1.00 percent Dec 2022
Inflation Expectations 5.60 5.20 percent Jan 2023

Australia Inflation Expectations
In Australia, Melbourne Institute Inflation Expectations survey measures consumers’ median expectations for price growth over the coming 12 months.
Actual Previous Highest Lowest Dates Unit Frequency
5.60 5.20 8.60 2.80 1995 - 2023 percent Monthly