Original article by Roy Morgan
Market Research Update – Page: Online : 29-May-24

The latest weekly ANZ-Roy Morgan Inflation Expectations are at 4.9% for the week of May 20-26. This represents a slight decline from the average so far this year of 5.0%, and a pullback from the month of April (5.2%). A look at monthly Inflation Expectations for April 2024 shows the measure at 5.2% for the month – the highest monthly figure so far this year and up 0.3% points from March 2024 (4.9%). This is the largest monthly increase in Inflation Expectations since June 2023, when the measure increased 0.4% points to 5.6%. Looking back over the last few months, since the start of the year, weekly Inflation Expectations have moved in a narrow band of 4.8% – 5.3% and averaged 5.0%. The data for the Inflation Expectations series is drawn from the Roy Morgan Single Source, which has interviewed an average of around 5,100 Australians aged 14+ per month over the last decade, and includes interviews with 7,593 Australians aged 14+ in April 2024.

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ROY MORGAN LIMITED, AUSTRALIAN BUREAU OF STATISTICS