Australian Inflation Expectations up to 4.3% in July

Original article by Roy Morgan Research
Market Research Update – Page: Online : 4-Aug-17

Australians aged +14 expect inflation of 4.3% per year over the next two years, according to the Roy Morgan Inflation Expectations Index for July 2017. This is up 0.1% in a month, and inflation expectations are up 0.2% from a year ago in July 2016. However, despite the recent uptick, Australian inflation expectations remain well below average inflation expectations over the last seven years of 5.1%. Analysis by State shows that inflation expectations are highest in South Australia at 4.6%, closely followed by New South Wales and Victoria, both at 4.5%. Inflation expectations in Australia’s other States were below the national average: Queensland and Tasmania both at 4.1% and Western Australia at 3.5%.

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