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]

Consumer Price Index CPI in Australia increased to 140.70 points in the first quarter of 2025 from 139.40 points in the fourth quarter of 2024. This dataset provides - Australia Consumer Price Index (CPI) - actual values, historical data, forecast, chart, statistics, economic calendar and news.

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

In December 2023, the Consumer Price Index (CPI) in Adelaide, Australia was 137.1, recording a change of 6.3 percent. The CPI in Adelaide indicated an increase higher than any other capital city in the country. With a CPI of 137.7, Brisbane, the capital of the country's north-eastern state of Queensland, recorded the highest CPI overall in the quarter. The CPI measures household inflation.

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.

In the fourth quarter of 2023 the Consumer Price Index (CPI) in Australia had risen to an all time high of 136.1 points. Since dropping in the second quarter of 2020 to 114.4, the CPI has been rising steadily.

Inflation Rate in Australia remained unchanged at 2.40 percent in the first quarter of 2025 from 2.40 percent in the fourth quarter of 2024. 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.

Graph and download economic data for Consumer Price Index: OECD Groups: Energy (Fuel, Electricity, and Gasoline): Total for Australia (CPGREN01AUQ657N) from Q2 1971 to Q3 2023 about fuels, Australia, electricity, energy, gas, CPI, price index, indexes, and price.

In 2023, the Consumer Price Index (CPI) in Australia had risen to an all time high of 136.1points. In Australia, the CPI measures changes in the prices paid by consumers for a basket of goods and services. The CPI in Australia has risen steadily for decades.

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.

Consumer Price Index (CPI) in Australia, March, 2025 The most recent value is 140.7 index points as of Q1 2025, an increase compared to the previous value of 139.4 index points. Historically, the average for Australia from Q1 1960 to Q1 2025 is 58.6073 index points. The minimum of 7.5 index points was recorded in Q1 1960, while the maximum of 140.7 index points was reached in Q1 2025. | TheGlobalEconomy.com

Graph and download economic data for Consumer Price Index: All Items: Total for Australia (AUSCPALTT01IXNBQ) from Q1 1960 to Q3 2023 about Australia, all items, CPI, price index, indexes, and price.

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.

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.

CPI Housing Utilities in Australia increased to 151.50 points in the first quarter of 2025 from 149 points in the fourth quarter of 2024. This dataset provides - Australia Cpi Housing Utilities- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Monthly CPI Indicator in Australia decreased to 2.10 percent in May from 2.40 percent in April of 2025. This dataset includes a chart with historical data for Australia Monthly CPI Indicator.

Australia inflation rate for 2024 was 3.16%, a 2.44% decline from 2023.

<ul style='margin-top:20px;'>

<li>Australia inflation rate for 2023 was <strong>5.60%</strong>, a <strong>1% decline</strong> from 2022.</li>
<li>Australia inflation rate for 2022 was <strong>6.59%</strong>, a <strong>3.73% increase</strong> from 2021.</li>
<li>Australia inflation rate for 2021 was <strong>2.86%</strong>, a <strong>2.02% increase</strong> from 2020.</li>
</ul>Inflation as measured by the consumer price index reflects the annual percentage change in the cost to the average consumer of acquiring a basket of goods and services that may be fixed or changed at specified intervals, such as yearly. The Laspeyres formula is generally used.

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.

Graph and download economic data for Consumer Price Index: OECD Groups: Services Less Housing: Total for Australia (AUSCPGRLH01GPQ) from Q2 1996 to Q3 2023 about Australia, services, CPI, price index, indexes, and price.

The consumer price index (CPI) value of food and non-alcoholic beverages in Melbourne, Australia was measured at 138 as of March 2025. Adelaide and Sydney followed closely, with food and non-alcoholic beverage CPI's of 137.9 and 137.2, respectively.