According to OECD, IMF, UN and EC, Inflation Rate fixed for 2016 of about 1.3 percent was the lowest in last 7 years. Still, the inflation growth is expected in 2017 and the following years. International Monetary Fund, who gives forecasts for the years beyond 2018 predicts that since 2019 the Average Consumer Price Inflation in Australia will stop increasing and stabilize.
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