Inflation Rate Australia 2025 To 2025 Forecast. Inflation is forecast to decline to around 3¼ per cent by the end of 2024, and to be within the target range at 2¾ per cent by the end of 2025. The national australia bank (nab) estimated inflation at 6.9% in the first quarter of 2023, as of 9 november 2022 forecast.

Westpac and anz both predict a may 2025 timeline for the first rate cut, citing expectations of easing inflation pressures by early 2025. Price rises would ease further in 2025 but were at the mercy of interest rate cuts and the rba.