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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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What Do Firms Tell Us About the Inflation Outlook?

25 Jan 2024 Bulletin – January 2024
Amardeep Johal, Jonathan Kemp, Kate McLoughlin and Max Zang
The Reserve Bank’s liaison program collects information from firms in Australia about current economic conditions and their expectations for future conditions, including their own prices.
https://www.rba.gov.au/publications/bulletin/2024/jan/what-do-firms-tell-us-about-the-inflation-outlook.html

Our Role

9 Aug 2023 RBA Annual Report - 2022 PDF 207KB
https://www.rba.gov.au/publications/annual-reports/rba/2022/pdf/our-role.pdf

Semi-Annual Statement on Monetary Policy

10 Nov 1998 Bulletin – November 1998
The task for monetary policy has been to try to minimise the damage to the economy from the Asian crisis, and to ensure that the medium-term inflation target is achieved. ... through. It appears unlikely, however, that the inflation target will be
https://www.rba.gov.au/publications/bulletin/1998/nov/1.html

Sentiment, Uncertainty and Households' Inflation Expectations

15 Sep 2022 Bulletin – September 2022
Yahdullah Haidari and Gulnara Nolan
High inflation expectations can have significant consequences for the economy as a whole, and can become self-reinforcing.
https://www.rba.gov.au/publications/bulletin/2022/sep/sentiment-uncertainty-and-households-inflation-expectations.html

Measures of Underlying Inflation

10 Mar 2010 Bulletin PDF 146KB
Reserve Bank of Australia Bulletin March 2010
https://www.rba.gov.au/publications/bulletin/2010/mar/pdf/bu-0310-2.pdf

Semi-Annual Statement on Monetary Policy

10 May 1998 Bulletin – May 1998
around 2 per cent by the middle of 1999 – a result in line with the inflation target. ... Domestic Economic Activity. The Australian economy is now entering its seventh year of low-inflation expansion.
https://www.rba.gov.au/publications/bulletin/1998/may/2.html

Statement on Monetary Policy

10 Feb 2004 Bulletin – February 2004
Australia's recent inflation performance has been marked by contrasting influences from domestic conditions and the exchange rate. ... The Bank of England has switched to targeting the harmonised Consumer Prices Index (CPI), and the inflation target was
https://www.rba.gov.au/publications/bulletin/2004/feb/1.html

June | 2023

15 Jun 2023 Bulletin
Insights into the economy and financial system from teams throughout the Reserve Bank of Australia
https://www.rba.gov.au/publications/bulletin/2023/jun/

Annual Performance Statement

9 Aug 2023 RBA Annual Report - 2022 PDF 186KB
https://www.rba.gov.au/publications/annual-reports/rba/2022/pdf/annual-performance-statement.pdf

Statement on Monetary Policy

10 Nov 2005 Bulletin – November 2005
Statement on Monetary Policy-November 2005
https://www.rba.gov.au/publications/bulletin/2005/nov/1.html