% per year - Source frequency: quarterly · Methodology · Corrections
Australia's inflation expectations was 3.0% as of September 2026. What professional forecasters expect inflation to be over the next year, from the RBA's survey of market economists. Choose a survey to compare with what consumers, businesses, union officials and the bond market expect. Expectations feed back into actual inflation: workers ask for pay rises, and businesses set prices, based on what they expect. When expectations stay close to the RBA's 2-3% target, inflation is easier to bring back down; when they drift up, it is harder. Data is sourced from RBA Table G3 — market economists' inflation expectations, 1 year ahead (GMAREXPY), quarterly. The breakdown adds the 2-year-ahead economists' survey, consumers (Melbourne Institute, from 2022), businesses (NAB), the 10-year bond-market break-even, and union officials' surveys, which the RBA no longer publishes (last value September 2023). and updated quarterly.
What professional forecasters expect inflation to be over the next year, from the RBA's survey of market economists. Choose a survey to compare with what consumers, businesses, union officials and the bond market expect.
Expectations feed back into actual inflation: workers ask for pay rises, and businesses set prices, based on what they expect. When expectations stay close to the RBA's 2-3% target, inflation is easier to bring back down; when they drift up, it is harder.
Lower is better
Source: RBA Table G3 — market economists' inflation expectations, 1 year ahead (GMAREXPY), quarterly. The breakdown adds the 2-year-ahead economists' survey, consumers (Melbourne Institute, from 2022), businesses (NAB), the 10-year bond-market break-even, and union officials' surveys, which the RBA no longer publishes (last value September 2023).
This data is sourced programmatically from official statistical APIs and data feeds (RBA Table G3 — market economists' inflation expectations, 1 year ahead (GMAREXPY), quarterly. The breakdown adds the 2-year-ahead economists' survey, consumers (Melbourne Institute, from 2022), businesses (NAB), the 10-year bond-market break-even, and union officials' surveys, which the RBA no longer publishes (last value September 2023).), updated quarterly. Our pipeline fetches the machine-readable version automatically and converts it to the standardised format shown here.
See all sources and methodology on the data sources page.
