Inflation Rate in Australia decreased to 2.10 percent in the second quarter of 2025 from 2.40 percent in the first quarter of 2025. This dataset provides the latest reported value for - Australia Inflation Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

The statistic shows the inflation rate in Australia from 1987 to 2023, with projections up until 2030. The inflation rate is calculated using the price increase of a defined product basket. This product basket contains products and services, on which the average consumer spends money throughout the year. They include expenses for groceries, clothes, rent, power, telecommunications, recreational activities and raw materials (e.g. gas, oil), as well as federal fees and taxes. In 2023, the average inflation rate in Australia was at about 5.62 percent compared to the previous year. Australia's economy Australia has one of the world’s largest economies and is a significant global importer and exporter. It is also labeled as one of the G20 countries, also known as the Group of Twenty, which consists of 20 major economies around the globe. The Australian economy is highly dependent on its mining sector as well as its agricultural sector in order to grow, and it exports the majority of these goods to eastern Asian countries, most prominently China. Large quantities of exports have helped Australia maintain a stable economy and furthered economic expansion, despite being affected by several economic obstacles. Australia’s GDP has seen a significant increase over the past decade, more than doubling its value, and experienced a rather quick recovery from the 2008 financial crisis, which indicates that the country experienced economic growth as well as higher productivity. One of the primary reasons is the further development of the nation’s mining industry coupled with the expansion and success of many Australian mining companies.

The Consumer Price Index in Australia increased 0.70 percent in June of 2025 over the previous month. This dataset provides - Australia Inflation Rate QoQ - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Cost of food in Australia increased 3.20 percent in March of 2025 over the same month in the previous year. This dataset provides - Australia Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

In December 2023, the Consumer Price Index (CPI) in Adelaide, Australia recorded a change of 4.8 percent, higher than any other capital city in the country. The CPI measures household inflation. Hobart and Perth saw the lowest change with around three percent.

Graph and download economic data for Inflation, consumer prices for Australia (FPCPITOTLZGAUS) from 1960 to 2024 about Australia, consumer, CPI, inflation, price index, indexes, and price.

Core consumer prices in Australia increased 2.70 percent in June of 2025 over the same month in the previous year. This dataset provides - Australia Core Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The inflation rate in Australia was at *** percent as of the first quarter of 2025. This was a decline of *** percentage points from the high of *** percent in the fourth quarter of 2022.

This dataset provides values for INFLATION RATE reported in several countries. The data includes current values, previous releases, historical highs and record lows, release frequency, reported unit and currency.

Key information about Australia Consumer Price Index CPI growth

• Australia Consumer Price Index (CPI) growth was measured at 2.4 % YoY in Dec 2024, compared with a rate of 2.9 % in the previous quarter.
• Australia Consumer Price Index growth data is updated quarterly, available from Dec 1987 to Dec 2024, with an averaged number of 2.5 % YoY.
• The data reached an all-time high of 8.5 % YoY in Mar 1990 and a record low of -0.3 % YoY in Jun 2020.

The Australian Bureau of Statistics provides Consumer Price Index Growth with base 2011-2012=100. [COVID-19-IMPACT]

Australia Consumer Price Index (CPI): MoM data was reported at 0.641 % in Mar 2025. This records an increase from the previous number of 0.000 % for Feb 2025. Australia Consumer Price Index (CPI): MoM data is updated monthly, averaging 0.283 % from Oct 2017 (Median) to Mar 2025, with 90 observations. The data reached an all-time high of 1.654 % in Jul 2020 and a record low of -1.240 % in Apr 2020. Australia Consumer Price Index (CPI): MoM data remains active status in CEIC and is reported by Australian Bureau of Statistics. The data is categorized under Global Database’s Australia – Table AU.I002: Consumer Price Index: Sep 2017=100: Monthly.

Inflation Expectations in Australia decreased to 4.70 percent in July from 5 percent in June of 2025. This dataset provides - Australia Inflation Expectations- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Inflation Rate in Japan decreased to 3.30 percent in June from 3.50 percent in May of 2025. This dataset provides the latest reported value for - Japan Inflation Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Over the twelve months preceding December 2023 quarter, the Consumer Price Index (CPI) in Australia grew 4.1 percent. This is a drop of 3.7 percent from the previous December. The CPI measures the average change in prices of a fixed basket of goods and services, purchased by household residents in Australia's eight state and territory capital cities.

Key information about Australia Core CPI Change

• Australia Core CPI Change was reported at 2.715 % in Dec 2024.
• This records a decrease from the previous number of 3.104 % for Sep 2024.
• Australia Core CPI Change data is updated quarterly, averaging 2.591 % from Dec 1987 to Dec 2024, with 149 observations.
• The data reached an all-time high of 7.648 % in Dec 2022 and a record low of 0.434 % in Jun 2020.
• Australia Core CPI Change data remains active status in CEIC and is reported by CEIC Data.
• The data is categorized under World Trend Plus’s Global Economic Monitor – Table: Core CPI: Y-o-Y Growth: Quarterly.

CEIC calculates quarterly Core Consumer Price Index Growth from quarterly Core Consumer Price Index. The Australian Bureau of Statistics provides Core Consumer Price Index with base 2011-2012=100. Core Consumer Price Index excludes Fruit and Vegetables and Automotive Fuel.

Australia Consumer Price Index (CPI): YoY data was reported at 2.568 % in 2026. This records an increase from the previous number of 2.258 % for 2025. Australia Consumer Price Index (CPI): YoY data is updated yearly, averaging 3.286 % from Dec 1961 (Median) to 2026, with 66 observations. The data reached an all-time high of 15.417 % in 1974 and a record low of -0.319 % in 1962. Australia Consumer Price Index (CPI): YoY data remains active status in CEIC and is reported by Organisation for Economic Co-operation and Development. The data is categorized under Global Database’s Australia – Table AU.OECD.EO: Consumer and Wholesale Price Index: Forecast: OECD Member: Annual. CPI_YTYPCT- Headline inflation The CPI year-on-year changes is a measure of inflation

Services Inflation in Australia decreased to 3.30 percent in the second quarter of 2025 from 3.70 percent in the first quarter of 2025. This dataset includes a chart with historical data for Australia Services Inflation.

Australia RBA Forecast: Underlying Inflation: High data was reported at 2.700 % in Jun 2027. This stayed constant from the previous number of 2.700 % for Dec 2026. Australia RBA Forecast: Underlying Inflation: High data is updated semiannually, averaging 2.500 % from Jun 2007 (Median) to Jun 2027, with 41 observations. The data reached an all-time high of 6.500 % in Dec 2022 and a record low of 1.000 % in Dec 2020. Australia RBA Forecast: Underlying Inflation: High data remains active status in CEIC and is reported by Reserve Bank of Australia. The data is categorized under Global Database’s Australia – Table AU.I004: Consumer Price Index: Forecast.

This line chart displays inflation (annual %) by date using the aggregation median in Australia. The data is about countries per year.

Australia Inflation:(GDP) Gross Domestic ProductDeflator: Linked Series data was reported at 7.115 % in 2022. This records an increase from the previous number of 2.801 % for 2021. Australia Inflation:(GDP) Gross Domestic ProductDeflator: Linked Series data is updated yearly, averaging 2.717 % from Dec 1990 (Median) to 2022, with 33 observations. The data reached an all-time high of 7.115 % in 2022 and a record low of -0.605 % in 2016. Australia Inflation:(GDP) Gross Domestic ProductDeflator: Linked Series data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Australia – Table AU.World Bank.WDI: Inflation. Inflation as measured by the annual growth rate of the GDP implicit deflator shows the rate of price change in the economy as a whole. This series has been linked to produce a consistent time series to counteract breaks in series over time due to changes in base years, source data and methodologies. Thus, it may not be comparable with other national accounts series in the database for historical years.;World Bank staff estimates based on World Bank national accounts data archives, OECD National Accounts, and the IMF WEO database.;;