Australia's expected inflation increased in March, survey data released by the Melbourne Institute showed Thursday.
The expected inflation rate rose to 5.2 percent in March from 5.0 percent in February.
The institute noted that inflation expectations, which were below 5 percent for an extended period, have now risen above 5 percent for the second straight month.
While several measures, including the weighted mean, indicated elevated inflation expectations, wage expectations remained unchanged for the last four months, the institute observed.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.