Inflation Expectations jump as energy prices bite

Wednesday, 6 July 2022

Roy Morgan’s monthly inflation expectations survey for June has been released, which gauges inflation expectations over the next two years.

Inflation expectations rose 0.4% in June to 5.7%, to be tracking just under the recent high of 5.8%:

Inflation expectations have universally risen across age groups, but have risen more among older cohorts:

Inflation expectations across age groups

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About the author

Leith van Onselen is Chief Economist at the MB Fund and MB Super. He is also a co-founder of MacroBusiness. Leith has previously worked at the Australian Treasury, Victorian Treasury and Goldman Sachs.