Inflation Expectations up 0.2% to 4.5% in October

Original article by Roy Morgan
Market Research Update – Page: Online : 19-Nov-18

Australians aged +14 expect inflation of 4.5% per year over the next two years, according to the Roy Morgan Inflation Expectations Index for October 2018. This is up 0.2% on a month ago, but unchanged from October 2017. Inflation Expectations have now tracked in a narrow range between 4.3-4.5% for 16 straight months, since July 2017. Inflation Expectations remain well below the eight-year average of 5.0%. Analysis shows that Inflation Expectations for supporters of the two major political parties are down compared to a year ago, while Inflation Expectations for Greens supporters are unchanged. However, Inflation Expectations for supporters of Independents and Others have increased substantially over the last year. October Inflation Expectations are based on a nationwide face-to-face survey of 4,156 Australians aged 14+.

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