Original article by Roy Morgan
Market Research Update – Page: Online : 2-Nov-21

In October 2021, Australians expected inflation of 4.8% annually over the next two years, up 0.3% points, and the highest Inflation Expectations since November 2014. Inflation Expectations are now 1.3% points higher than a year ago (3.5%). Inflation Expectations are also now 0.1% points above the long-term average of 4.7%, the first time the measure has been above the long-term average since June 2012. A look at Inflation Expectations by Gender and Age shows that the gap between women and men is persisting and has widened slightly in recent months. Women’s Inflation Expectations are at 5.3% in October 2021, compared to 4.2% for men. Inflation Expectations are highest for people aged 50-64 at 5.0%. Women in this age group have Inflation Expectations of 5.6% compared to only 4.4% for men. There is also a large ‘Gender Gap’ of 1.3% points for people at either end of the age spectrum. For people aged under 35 women have Inflation Expectations of 5.4% compared to 4.1% for men, and those aged 65+ women’s Inflation Expectations are 5.3% compared to 4.0% for men. The only exception to this trend is for people aged 35-49 who have Inflation Expectations of 4.6% – the lowest of any age group. In this group the ‘Gender Gap’ is only 0.4% with women’s Inflation Expectations of 4.8% slightly higher than that for men of 4.4%.

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