Australia's inflation expectations increased further in July, survey figures from the Melbourne Institute showed Thursday.
The expected inflation rate rose by 0.4 percentage points to 3.4 percent in July from 3.0 percent in the preceding month, the Consumer Inflationary Expectations survey revealed.
The proportion of respondents expecting the inflation rate to fall within the 0-5 percent range dropped by 2.0 percentage points to 76.3 percent in July, after marking a large increase of 6.8 percentage points in June.
Meanwhile, the weighted mean of responses within this range rose to 2.6 percent from 2.3 percent in June.
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April 24, 2026 15:15 ET Economics news flow was relatively light this week even as the conflict in the Middle East continued, raising concerns for policymakers. In the U.S., spending data, initial jobless claims and pending home sales were the highlights. Business confidence in the biggest euro area economy was in focus in Europe. Inflation data from Japan gained attention in Asia.