Australia’s consumer inflation expectations rose to 5.3% in October 2026, up from 4.9% in the prior two months and reaching their highest level since June. The outlook was reinforced by August data showing trimmed mean CPI remained elevated at 3.6% year-on-year, its highest since September 2024 and above the Reserve Bank of Australia’s 2–3% target range. At its October meeting, the RBA unanimously raised the cash rate by 25bps to 4.6%, its fourth hike this year and lifting borrowing costs to their highest level since 2011. Policymakers said inflation remained elevated, with some upside risks identified in August now materialising. They also noted that strong AI-related demand is driving rapid increases in global prices for technology-related goods. Still, the board said monetary policy was well placed to respond to developments, while remaining focused on its mandate of price stability and full employment. source: Melbourne Institute
Inflation Expectations in Australia increased to 5.30 percent in October from 4.90 percent in September of 2026. Inflation Expectations in Australia averaged 4.39 percent from 1995 until 2026, 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 October of 2026.
Inflation Expectations in Australia increased to 5.30 percent in October from 4.90 percent in September of 2026. Inflation Expectations in Australia is expected to be 5.40 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Australia Inflation Expectations is projected to trend around 3.00 percent in 2027 and 2.50 percent in 2028, according to our econometric models.