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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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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

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

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

Inflation

20 Nov 2023 SMP - November 2023 PDF 2189KB
https://www.rba.gov.au/publications/smp/2023/nov/pdf/04-inflation.pdf

Inflation

6 Dec 2023 SMP - August 2023 PDF 2166KB
https://www.rba.gov.au/publications/smp/2023/aug/pdf/04-inflation.pdf

Statement on Monetary Policy

6 Feb 2024 SMP - February 2024 PDF 4547KB
https://www.rba.gov.au/publications/smp/2024/feb/pdf/statement-on-monetary-policy-2024-02.pdf

Box B: The Decline in Bond Yields and Inflation Expectations

5 Feb 2015 SMP - February 2015 PDF 177KB
https://www.rba.gov.au/publications/smp/2015/feb/pdf/box-b.pdf