Inflation Expectations unchanged at 4.5%

Original article by Roy Morgan
Market Research Update – Page: Online : 25-Jan-18

Australians expect inflation of 4.5% per year over the next two years, according to the Roy Morgan Inflation Expectations Index for December 2017. This is unchanged for a second straight month, although it is up 0.3% from December 2016. The increase in Inflation Expectations over the last year has been driven by significant increases in the two resource intensive states of Queensland and Western Australia as the mining industry has recovered strongly. However, Inflation Expectations remain well below the seven-year average of 5.0%. Analyses of Inflation expectations by Federal voting intention shows that ALP supporters (4.6%) have inflation expectations just above the national average and clearly higher than L-NP supporters (4.0%) although both increased in December. In contrast, the Inflation Expectations of Greens supporters fell to 4.2%.

CORPORATES
ROY MORGAN LIMITED, AUSTRALIAN LABOR PARTY, LIBERAL PARTY OF AUSTRALIA, NATIONAL PARTY OF AUSTRALIA, AUSTRALIAN GREENS

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