Consumer inflation expectations higher in October

The expected inflation rate (30-per-cent trimmed mean measure) rose by 0.1 percentage points in October to 4.8 per cent. Inflation expectations have increased materially in the past two months. A key feature in the data is the presence of large month to month changes, suggesting heightened consumer disagreement about the short-term path of inflation. Expected wage growth also rose this month, although it remains close to its long-term average.

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The September 2025 Survey of Consumer Inflationary and Wage Expectations was released at 11 am (AEST), Thursday 9 October 2025. The October 2025 Survey of Consumer Inflationary and Wage Expectations will be released at 11 am (AEDT), Thursday 13 November 2025.

The Melbourne Institute Survey of Consumer Inflationary Expectations measures are designed to represent the average householder’s expected rate of consumer price changes over the coming 12 months. Further information can be found here.

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Asociate Professor Sam Tsiaplias

stsiaplias@unimelb.edu.au

03 9035 3353

  • SURVEY OF CONSUMER INFLATIONARY AND WAGE EXPECTATIONS