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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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Inflation

4 Feb 2022 SMP – February 2022
Statement on Monetary Policy – February 20224. Inflation. Inflation was much stronger in the December quarter of 2021 than was expected at the time of the November. ... However, survey measures of long-term inflation expectations have remained around 2
https://www.rba.gov.au/publications/smp/2022/feb/inflation.html

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

Inflation

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

Data Availability

25 Mar 2024 Chart Pack
Data availability for graphs included in the Bank's monthly ‘Chart Pack’
https://www.rba.gov.au/chart-pack/data-availability.html

Financial Conditions

7 May 2024 SMP – May 2024
Financial Conditions | Statement on Monetary Policy – May 2024
https://www.rba.gov.au/publications/smp/2024/may/financial-conditions.html

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

4 Aug 2023 SMP – August 2023
Inflation | Statement on Monetary Policy – August 2023
https://www.rba.gov.au/publications/smp/2023/aug/inflation.html

Overview

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

Inflation

5 Nov 2021 SMP – November 2021
Statement on Monetary Policy – November 20214. Inflation. Inflation was stronger than expected in the September quarter. ... Survey measures of long-term inflation expectations increased to around 2 per cent, similar to levels seen in 2019 and
https://www.rba.gov.au/publications/smp/2021/nov/inflation.html

Inflation

4 Feb 2021 SMP – February 2021
Together, these price increases contributed 0.8 percentage points to CPI inflation in the quarter. ... Unions' inflation expectations remain relatively subdued. Consensus and market economists' long-term inflation expectations are around 2–2 per cent
https://www.rba.gov.au/publications/smp/2021/feb/inflation.html