Inflation expectations in Australia increased in June, survey data from the Melbourne Institute showed Thursday.
The expected inflation rate over the next twelve months rose by 0.3 percentage points to 3.5 percent in June from 3.2 percent in May.
In June, the weighted proportion of respondents expecting the inflation rate to fall within the 0-5 per cent range climbed by 1.0 percentage points to 69.3 per cent.
The weighted mean of responses within this range also edged up to 2.4 percent from 2.2 per cent in May.
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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.