Inflation Rate in Australia decreased to 3.70 percent in February from 3.80 percent in January of 2026. 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.

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.

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 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.

Core consumer prices in Australia increased 3.30 percent in February of 2026 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 latest inflation rate, i.e. the percent change in the CPI from a year ago to now, in Australia was 3.24 percent. That number was released in . It shows no change from the inflation rate in the previous quarter when it stood at 3.24 percent. Compared to a year ago, we see an increase from the...

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

Australia Consumer Price Index (CPI): YoY data was reported at 2.461 % in 2027. This records a decrease from the previous number of 2.716 % for 2026. Australia Consumer Price Index (CPI): YoY data is updated yearly, averaging 1.970 % from Dec 1961 (Median) to 2027, with 67 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

Break Even Inflation Rate: 10-Year data was reported at 2.300 % in Dec 2025. This records a decrease from the previous number of 2.340 % for Sep 2025. Break Even Inflation Rate: 10-Year data is updated quarterly, averaging 3.020 % from Dec 1985 (Median) to Dec 2025, with 160 observations. The data reached an all-time high of 9.370 % in Mar 1989 and a record low of 0.660 % in Mar 2020. Break Even Inflation Rate: 10-Year 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.I: Breakeven Inflation Rate. The Breakeven 10 Year Inflation Rate is measured by the Reserve Bank of Australia using Commonwealth government securities. For data since 1996, the RBA uses interpolation and projection of the yield curve to estimate both nominal and inflation-indexed bond yields with an exact 10-year maturity. Prior to 1996, these adjustments are not made and the nominal and inflation-indexed bond yields used to derive the series may not reflect ideal 10-year maturities. [COVID-19-IMPACT]

The Consumer Price Index in Australia decreased 0 percent in February of 2026 over the previous month. This dataset provides - Australia Inflation Rate QoQ - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Historical dataset showing Australia inflation rate by year from 1960 to 2024.

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.

Cost of food in Australia increased 3.10 percent in February of 2026 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.

Inflation Expectations in Australia increased to 5.20 percent in March from 5 percent in February of 2026. This dataset provides - Australia Inflation Expectations- actual values, historical data, forecast, chart, statistics, economic calendar and news.

In 2020, the GDP shrunk by *** percent in Australia, and inflation was at an all-time low at *** percent over the last 20 years. In 2021, the GDP is predicted to grow by *** percent, and inflation to grow by *** percent. According to the forecast, the Gross Domestic Product and inflation will grow weakly over the next five years in Australia.

Inflation Expectations: Consumer: 1 Year Ahead data was reported at 5.169 % in Mar 2026. This records an increase from the previous number of 4.698 % for Dec 2025. Inflation Expectations: Consumer: 1 Year Ahead data is updated quarterly, averaging 4.100 % from Mar 2016 (Median) to Mar 2026, with 41 observations. The data reached an all-time high of 6.661 % in Jun 2022 and a record low of 3.100 % in Sep 2020. Inflation Expectations: Consumer: 1 Year Ahead 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.I: Inflation Expectation. Inflation Expectation is measured by the Melbourne Institute Survey of Consumer Inflationary Expectations trimmed mean expected inflation rate for the year ahead; the data are collected monthly and end-quarter observations are shown.

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

Median Inflation Expectations: Present Year: Union Officials data was reported at 4.250 % in Sep 2023. This records a decrease from the previous number of 5.000 % for Jun 2023. Median Inflation Expectations: Present Year: Union Officials data is updated quarterly, averaging 2.950 % from Sep 1996 (Median) to Sep 2023, with 109 observations. The data reached an all-time high of 6.000 % in Sep 2022 and a record low of 1.000 % in Sep 2020. Median Inflation Expectations: Present Year: Union Officials data remains active status in CEIC and is reported by Australian Council of Trade Unions. The data is categorized under Global Database’s Australia – Table AU.I: Inflation Expectation. This refers to the median inflation expectations measure in a survey by the Australian Council of Trade Unions. The surveys are held once each quarter following the release of the Consumer Price Index and before the publication of the Statement on Monetary Policy.

Between 2018 and 2025, Australia’s monetary policy shifted from prolonged accommodation to tightening and back toward easing. The policy rate rose sharply from 2022, peaking at **** percent between late 2023 and early 2025, before being cut three times in 2025 to *** percent, where it remained through year-end. Inflation peaked at *** percent in December 2022 and generally trended downward thereafter, despite intermittent increases. In the second half of 2025, inflation edged higher again, reaching *** percent in September.