The expected inflation rate (30-per-cent trimmed mean measure), reported in the Melbourne Institute Survey of Consumer Inflationary Expectations, rose by 0.8 percentage points to 4.4 per cent in July from 3.6 per cent in June. In June, the weighted proportion of respondents (excluding the 'don't know' category) expecting the inflation rate to fall within the 0-5 per cent range decreased by 3.6 percentage points to 66.4 per cent. The weighted mean of responses within this range rose by 0.2 percentage points to 2.5 per cent.