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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 International Environment

10 Nov 2023 SMP – November 2023
The International Environment | Statement on Monetary Policy – November 2023
https://www.rba.gov.au/publications/smp/2023/nov/the-international-environment.html

Inflation

27 Nov 2018 SMP – November 2018
Graph 4.1. Table 4.1: Measures of Consumer Price Inflation. Per cent. ... Inflation expectations are generally consistent with the inflation target (Graph 4.15 and Graph 4.16).
https://www.rba.gov.au/publications/smp/2018/nov/inflation.html

Inflation

9 Aug 2019 SMP – August 2019
However, housing-related inflation was particularly weak in the first half of 2019. ... However, they remain consistent with the Bank's medium-term inflation target. Graph 4.13.
https://www.rba.gov.au/publications/smp/2019/aug/inflation.html

Inflation

7 Aug 2020 SMP – August 2020
Unions expect inflation to remain well below 2 per cent in June 2021. ... Long-term survey-based measures of inflation expectations are little changed at around 2–2 per cent and remain consistent with the Bank's medium-term inflation target (Graph 5
https://www.rba.gov.au/publications/smp/2020/aug/inflation.html

Overview

10 Nov 2023 SMP – November 2023
Overview | Statement on Monetary Policy – November 2023
https://www.rba.gov.au/publications/smp/2023/nov/overview.html

Overview

5 May 2023 SMP - May 2023 PDF 65KB
https://www.rba.gov.au/publications/smp/2023/may/pdf/overview.pdf

Reserve Bank of Australia Annual Report 2023

16 Oct 2023 RBA Annual Report - 2023 PDF 304KB
https://www.rba.gov.au/publications/annual-reports/rba/2023/pdf/annual-performance-statement.pdf

The International Environment

4 Aug 2023 SMP – August 2023
The International Environment | Statement on Monetary Policy – August 2023
https://www.rba.gov.au/publications/smp/2023/aug/the-international-environment.html

Economic Outlook

6 Dec 2023 SMP - August 2023 PDF 639KB
https://www.rba.gov.au/publications/smp/2023/aug/pdf/05-economic-outlook.pdf

Statement on Monetary Policy - May 2024

8 May 2024 SMP - May 2024 PDF 3509KB
https://www.rba.gov.au/publications/smp/2024/may/pdf/statement-on-monetary-policy-2024-05.pdf