ANZ-Roy Morgan Inflation Expectations are at 5% in late September – the same as for the full month of August

Original article by Roy Morgan
Market Research Update – Page: Online : 24-Sep-25

The weekly ANZ-Roy Morgan Inflation Expectations were 5% for the week of 15-21 September, the same as for the full month of August. A look at monthly Inflation Expectations for August shows the measure at 5% for the month, up 0.2% points from July and the highest monthly Inflation Expectations since January 2025 (also 5%). Looking back over the last year, weekly Inflation Expectations have moved in a band of 4.2% to 5.2% since the start of August 2024 and averaged 4.8%. A look at Monthly Inflation Expectations on a State-based level for August shows mixed results, with increases in Queensland, Western Australia, New South Wales, unchanged in Victoria and Tasmania, and down in South Australia. The data for the Inflation Expectations series is drawn from the Roy Morgan Single Source, which has interviewed an average of around 5,300 Australians aged 14+ per month over the last decade, and includes interviews with 4,099 Australians aged 14+ in August 2025.

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ROY MORGAN LIMITED, AUSTRALIA AND NEW ZEALAND BANKING GROUP LIMITED – ASX ANZ

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