Australian Inflation Expectations

Consumer and Business inflation expectations vs. inflation

Chart shows consumer survey measure of consumer inflation expectations (purple line) for 1-year ahead annual inflation rate taken from the Inflation Expectations series. The dotted line shows the Consumer price index; Year-ended change taken from the Consumer Price Inflation series; offset by 1 year.

Chart shows business survey measure of consumer inflation expectations (black line) for 3-months ahead annual inflation rate taken from the Inflation Expectations series. The dotted line overlays the Consumer price index; Year-ended change taken from the Consumer Price Inflation series; offset by 3 months.

Union Officials' inflation expectations vs. inflation

Chart shows union officials’ survey measure of consumer inflation expectations (black line) for 1-year ahead annual inflation rate taken from the Inflation Expectations series. The dotted line overlays the Consumer price index; Year-ended change taken from the Consumer Price Inflation series; offset by 1 years.

Chart shows union officials’ survey measure of consumer inflation expectations (black line) for 2-year ahead annual inflation rate taken from the Inflation Expectations series. The dotted line overlays the Consumer price index; Year-ended change taken from the Consumer Price Inflation series; offset by 2 years.

Market Economists' inflation expectations vs. inflation

Chart shows market economists’ survey measure of consumer inflation expectations (black line) for 1-year ahead annual inflation rate taken from the Inflation Expectations series. The dotted line overlays the Consumer price index; Year-ended change taken from the Consumer Price Inflation series; offset by 1 years.

Chart shows market economists’ survey measure of consumer inflation expectations (black line) for 2-year ahead annual inflation rate taken from the Inflation Expectations series. The dotted line overlays the Consumer price index; Year-ended change taken from the Consumer Price Inflation series; offset by 2 years.