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RBA Glossary definition for inflation target

inflation target – A tool to guide monetary policy expressed as a preferred range or figure for the rate of increase in prices over a period. In Australia, the inflation target is between 2 and 3 per cent per annum on average over the course of the business cycle.

RBA Glossary definition for inflation

inflation – A measure of the change (increase) in the general level of prices.

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The Implications of Recent Changes to the Consumer Price Index for Monetary Policy and the Inflation Target

23 Feb 2001 Bulletin PDF 34KB
for Monetary Policy andthe Inflation Target. Introduction. Since 1993, the conduct of monetary policyin Australia has been based on an inflationtarget. ... The Implications of Recent Changes to the CPI for Monetary Policy and the Inflation Target October
https://www.rba.gov.au/publications/bulletin/1998/oct/pdf/bu-1098-1.pdf

Inflation Expectations and Economic Literacy

29 Jan 2024 Bulletin - January 2024 PDF 1213KB
https://www.rba.gov.au/publications/bulletin/2024/jan/pdf/inflation-expectations-and-economic-literacy.pdf

Overview

20 Nov 2023 SMP - November 2023 PDF 82KB
https://www.rba.gov.au/publications/smp/2023/nov/pdf/overview.pdf

Box D: Measures of Underlying Inflation

5 Aug 2005 SMP - August 2005 PDF 168KB
https://www.rba.gov.au/publications/smp/2005/aug/pdf/box-d.pdf

Inflation

3 Nov 2022 SMP - November 2022 PDF 1744KB
https://www.rba.gov.au/publications/smp/2022/nov/pdf/04-inflation.pdf

Bulletin

29 Jan 2024 Bulletin - January 2024 PDF 5775KB
https://www.rba.gov.au/publications/bulletin/2024/jan/pdf/bulletin-2024-01.pdf

Statement on Monetary Policy

30 Jul 2003 SMP PDF 42KB
Graph D1Although Australia’s inflation target isexpressed in terms of the Consumer PriceIndex (CPI), it can be useful when assessinginflationary trends to focus on underlyingmeasures which abstract from short-runvolatility. ... ConclusionAlthough the
https://www.rba.gov.au/publications/smp/2002/may/pdf/box-d.pdf

The Australian Economy and Financial Markets

2 May 2024 Chart Pack PDF 5792KB
The Australian Economy and Financial Markets - May 2024
https://www.rba.gov.au/chart-pack/pdf/chart-pack.pdf

Overview

6 Dec 2023 SMP - August 2023 PDF 81KB
https://www.rba.gov.au/publications/smp/2023/aug/pdf/overview.pdf

Six Years of Inflation Targeting

23 Feb 2001 Bulletin PDF 103KB
We have not spelt out atolerance interval, as have some of the othercountries with inflation targets. ... Appendix. Table A1: Characteristics of Inflation Targets. Country Date adopted Target Target variable.
https://www.rba.gov.au/publications/bulletin/1999/may/pdf/bu-0599-2.pdf