Inflationary expectations in Australia declined in January, survey data from the Melbourne Institute showed Thursday.
The expected inflation rate fell by 0.4 percentage points to 3.6 percent from 4 percent in December.
In January, the proportion of respondents expecting the inflation rate to drop within the 0-5 percent range decreased to 72.1 percent from 74.2 percent in December.
While the proportion of respondents expecting the inflation rate to fall within the 0-5 percent range has declined steadily since November 2015, from 78.4 percent to 74.2 percent and to 72.1 percent, the weighted mean of responses within this range remains relatively stable around 2.6 percent.
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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.