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.

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.

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 Consumer Price Index in Australia increased 0.90 percent in March of 2025 over the previous month. This dataset provides - Australia Inflation Rate QoQ - actual values, historical data, forecast, chart, statistics, economic calendar and news.

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.

Inflation Nowcast: Contribution: Balance Sheet: RBA: Assets: Australian Dollar Securities data was reported at 3.253 % in 12 May 2025. This stayed constant from the previous number of 3.253 % for 05 May 2025. Inflation Nowcast: Contribution: Balance Sheet: RBA: Assets: Australian Dollar Securities data is updated weekly, averaging 3.044 % from Mar 2021 (Median) to 12 May 2025, with 216 observations. The data reached an all-time high of 38.699 % in 22 Aug 2022 and a record low of 0.437 % in 23 Aug 2021. Inflation Nowcast: Contribution: Balance Sheet: RBA: Assets: Australian Dollar Securities data remains active status in CEIC and is reported by CEIC Data. The data is categorized under Global Database’s Australia – Table AU.CEIC.NC: CEIC Nowcast: Inflation: Headline.

Canada Core Inflation Nowcast: sa: Contribution: Foreign Exchange Rates: Foreign Exchange Rate: Daily Average: Australian Dollar data was reported at 4.817 % in 12 May 2025. This stayed constant from the previous number of 4.817 % for 05 May 2025. Canada Core Inflation Nowcast: sa: Contribution: Foreign Exchange Rates: Foreign Exchange Rate: Daily Average: Australian Dollar data is updated weekly, averaging 1.977 % from Jan 2018 (Median) to 12 May 2025, with 384 observations. The data reached an all-time high of 34.703 % in 18 Oct 2021 and a record low of 0.000 % in 18 Nov 2024. Canada Core Inflation Nowcast: sa: Contribution: Foreign Exchange Rates: Foreign Exchange Rate: Daily Average: Australian Dollar data remains active status in CEIC and is reported by CEIC Data. The data is categorized under Global Database’s Canada – Table CA.CEIC.NC: CEIC Nowcast: Inflation: Core.

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.

Canada Inflation Nowcast: Contribution: Foreign Exchange Rates: Foreign Exchange Rate: Daily Average: Australian Dollar data was reported at 0.000 % in 12 May 2025. This stayed constant from the previous number of 0.000 % for 05 May 2025. Canada Inflation Nowcast: Contribution: Foreign Exchange Rates: Foreign Exchange Rate: Daily Average: Australian Dollar data is updated weekly, averaging 0.000 % from Jan 2019 (Median) to 12 May 2025, with 332 observations. The data reached an all-time high of 71.225 % in 08 Jan 2024 and a record low of 0.000 % in 12 May 2025. Canada Inflation Nowcast: Contribution: Foreign Exchange Rates: Foreign Exchange Rate: Daily Average: Australian Dollar data remains active status in CEIC and is reported by CEIC Data. The data is categorized under Global Database’s Canada – Table CA.CEIC.NC: CEIC Nowcast: Inflation: Headline.

Inflation Nowcast: Contribution: Foreign Exchange Rates: Foreign Exchange Rate: Bank of Indonesia: Spot: Australia Dollar data was reported at 0.000 % in 12 May 2025. This records a decrease from the previous number of 0.897 % for 05 May 2025. Inflation Nowcast: Contribution: Foreign Exchange Rates: Foreign Exchange Rate: Bank of Indonesia: Spot: Australia Dollar data is updated weekly, averaging 1.693 % from Jun 2020 (Median) to 12 May 2025, with 259 observations. The data reached an all-time high of 31.390 % in 02 Nov 2020 and a record low of 0.000 % in 12 May 2025. Inflation Nowcast: Contribution: Foreign Exchange Rates: Foreign Exchange Rate: Bank of Indonesia: Spot: Australia Dollar data remains active status in CEIC and is reported by CEIC Data. The data is categorized under Global Database’s Indonesia – Table ID.CEIC.NC: CEIC Nowcast: Inflation: Headline.

The AUD/USD exchange rate rose to 0.6520 on July 21, 2025, up 0.27% from the previous session. Over the past month, the Australian Dollar has strengthened 0.94%, but it's down by 1.79% over the last 12 months. Australian Dollar - values, historical data, forecasts and news - updated on July of 2025.

One United States dollar was worth over ****** Indonesian rupiah in May 2024, the highest value in a comparison of over 50 different currencies worldwide. All countries and territories shown here are based on the Big Mac Index - a measurement of how much a single Big Mac is worth across different areas in the world. This exchange rate comparison reveals a strong position of the dollar in Asia and Latin America. Note, though, that several of the top currencies shown here do not rank among the most traded. The quarterly U.S. dollar exchange rate against the ten biggest forex currencies only contains the Korean won and the Japanese yen.

Malaysia Core Inflation Nowcast: Contribution: Foreign Exchange Rates: FX Rate: Spot: BNM: Interbank Noon Middle Rate: Australian Dollar data was reported at 3.911 % in 12 May 2025. This stayed constant from the previous number of 3.911 % for 05 May 2025. Malaysia Core Inflation Nowcast: Contribution: Foreign Exchange Rates: FX Rate: Spot: BNM: Interbank Noon Middle Rate: Australian Dollar data is updated weekly, averaging 0.000 % from Oct 2020 (Median) to 12 May 2025, with 239 observations. The data reached an all-time high of 24.558 % in 11 Apr 2022 and a record low of 0.000 % in 07 Apr 2025. Malaysia Core Inflation Nowcast: Contribution: Foreign Exchange Rates: FX Rate: Spot: BNM: Interbank Noon Middle Rate: Australian Dollar data remains active status in CEIC and is reported by CEIC Data. The data is categorized under Global Database’s Malaysia – Table MY.CEIC.NC: CEIC Nowcast: Inflation: Core.

In May 2025, global inflation rates and central bank interest rates showed significant variation across major economies. Most economies initiated interest rate cuts from mid-2024 due to declining inflationary pressures. The U.S., UK, and EU central banks followed a consistent pattern of regular rate reductions throughout late 2024. In early 2025, Russia maintained the highest interest rate at 20 percent, while Japan retained the lowest at 0.5 percent. Varied inflation rates across major economies The inflation landscape varies considerably among major economies. China had the lowest inflation rate at -0.1 percent in May 2025. In contrast, Russia maintained a high inflation rate of 9.9 percent. These figures align with broader trends observed in early 2025, where China had the lowest inflation rate among major developed and emerging economies, while Russia's rate remained the highest. Central bank responses and economic indicators Central banks globally implemented aggressive rate hikes throughout 2022-23 to combat inflation. The European Central Bank exemplified this trend, raising rates from 0 percent in January 2022 to 4.5 percent by September 2023. A coordinated shift among major central banks began in mid-2024, with the ECB, Bank of England, and Federal Reserve initiating rate cuts, with forecasts suggesting further cuts through 2025 and 2026.

The benchmark interest rate in Australia was last recorded at 3.85 percent. This dataset provides - Australia Interest Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Between December 2022 and December 2023, wages in Australia grew by around 4.2 percent. Wage growth in recent years has been relatively low in comparison to previous years, in particular in December 2020, which only saw a wage growth of 1.3%. Inflation and CPI outstripping wages While wages have increased in Australia, they have still not matched the rate of inflation, which was sitting at 4.1 percent at the end of 2023, down from a high of 7.8 percent at the end of the previous year. The high cost of goods has also put pressure on the public, with the Consumer Price Index standing at around 136 points, compared to a base year of 2011-12. Rent is on the rise As with many around the world, Australians are also feeling the costs of rent increases. The majority of people in Australia perceive that the cost of rent has risen significantly in their local area. This in turn has seen the government expenditure on rental assistance continue to be high, with around 4.7 billion Australian dollars spent to assist the Australian public in maintaining their housing needs.

The gross domestic product (GDP) per capita in Australia was estimated at about 66.25 thousand U.S. dollars in 2024. From 1980 to 2024, the GDP per capita rose by approximately 55.24 thousand U.S. dollars, though the increase followed an uneven trajectory rather than a consistent upward trend. Between 2024 and 2030, the GDP per capita will rise by around 8.64 thousand U.S. dollars, showing an overall upward trend with periodic ups and downs.This indicator describes the gross domestic product per capita at current prices. Thereby, the gross domestic product was first converted from national currency to U.S. dollars at current exchange rates and then divided by the total population. The gross domestic product is a measure of a country's productivity. It refers to the total value of goods and service produced during a given time period (here a year).

About this dataset

Context

The dataset presents median income data over a decade or more for males and females categorized by Total, Full-Time Year-Round (FT), and Part-Time (PT) employment in Au Gres. It showcases annual income, providing insights into gender-specific income distributions and the disparities between full-time and part-time work. The dataset can be utilized to gain insights into gender-based pay disparity trends and explore the variations in income for male and female individuals.

Key observations: Insights from 2023

Based on our analysis ACS 2019-2023 5-Year Estimates, we present the following observations: - All workers, aged 15 years and older: In Au Gres, the median income for all workers aged 15 years and older, regardless of work hours, was $42,500 for males and $31,607 for females.

These income figures indicate a substantial gender-based pay disparity, showcasing a gap of approximately 26% between the median incomes of males and females in Au Gres. With women, regardless of work hours, earning 74 cents to each dollar earned by men, this income disparity reveals a concerning trend toward wage inequality that demands attention in thecity of Au Gres.

- Full-time workers, aged 15 years and older: In Au Gres, among full-time, year-round workers aged 15 years and older, males earned a median income of $94,318, while females earned $40,417, leading to a 57% gender pay gap among full-time workers. This illustrates that women earn 43 cents for each dollar earned by men in full-time roles. This level of income gap emphasizes the urgency to address and rectify this ongoing disparity, where women, despite working full-time, face a more significant wage discrepancy compared to men in the same employment roles.

Remarkably, across all roles, including non-full-time employment, women displayed a lower gender pay gap percentage. This indicates that Au Gres offers better opportunities for women in non-full-time positions.

Content

When available, the data consists of estimates from the U.S. Census Bureau American Community Survey (ACS) 2019-2023 5-Year Estimates. All incomes have been adjusting for inflation and are presented in 2023-inflation-adjusted dollars.

Gender classifications include:

• Male
• Female

Employment type classifications include:

• Full-time, year-round: A full-time, year-round worker is a person who worked full time (35 or more hours per week) and 50 or more weeks during the previous calendar year.
• Part-time: A part-time worker is a person who worked less than 35 hours per week during the previous calendar year.

Variables / Data Columns

• Year: This column presents the data year. Expected values are 2010 to 2023
• Male Total Income: Annual median income, for males regardless of work hours
• Male FT Income: Annual median income, for males working full time, year-round
• Male PT Income: Annual median income, for males working part time
• Female Total Income: Annual median income, for females regardless of work hours
• Female FT Income: Annual median income, for females working full time, year-round
• Female PT Income: Annual median income, for females working part time

Good to know

Margin of Error

Data in the dataset are based on the estimates and are subject to sampling variability and thus a margin of error. Neilsberg Research recommends using caution when presening these estimates in your research.

Custom data

If you do need custom data for any of your research project, report or presentation, you can contact our research staff at research@neilsberg.com for a feasibility of a custom tabulation on a fee-for-service basis.

Inspiration

Neilsberg Research Team curates, analyze and publishes demographics and economic data from a variety of public and proprietary sources, each of which often includes multiple surveys and programs. The large majority of Neilsberg Research aggregated datasets and insights is made available for free download at https://www.neilsberg.com/research/.

Recommended for further research

This dataset is a part of the main dataset for Au Gres median household income by race. You can refer the same here

About this dataset

Context

The dataset presents the distribution of median household income among distinct age brackets of householders in Au Train township. Based on the latest 2017-2021 5-Year Estimates from the American Community Survey, it displays how income varies among householders of different ages in Au Train township. It showcases how household incomes typically rise as the head of the household gets older. The dataset can be utilized to gain insights into age-based household income trends and explore the variations in incomes across households.

Key observations: Insights from 2021

In terms of income distribution across age cohorts, in Au Train township, the median household income stands at $112,021 for householders within the 25 to 44 years age group, followed by $64,751 for the 45 to 64 years age group. Notably, householders within the 65 years and over age group, had the lowest median household income at $42,426.

Content

When available, the data consists of estimates from the U.S. Census Bureau American Community Survey (ACS) 2017-2021 5-Year Estimates. All incomes have been adjusting for inflation and are presented in 2022-inflation-adjusted dollars.

Age groups classifications include:

• Under 25 years
• 25 to 44 years
• 45 to 64 years
• 65 years and over

Variables / Data Columns

• Age Of The Head Of Household: This column presents the age of the head of household
• Median Household Income: Median household income, in 2022 inflation-adjusted dollars for the specific age group

Good to know

Margin of Error

Data in the dataset are based on the estimates and are subject to sampling variability and thus a margin of error. Neilsberg Research recommends using caution when presening these estimates in your research.

Custom data

If you do need custom data for any of your research project, report or presentation, you can contact our research staff at research@neilsberg.com for a feasibility of a custom tabulation on a fee-for-service basis.

Inspiration

Neilsberg Research Team curates, analyze and publishes demographics and economic data from a variety of public and proprietary sources, each of which often includes multiple surveys and programs. The large majority of Neilsberg Research aggregated datasets and insights is made available for free download at https://www.neilsberg.com/research/.

Recommended for further research

This dataset is a part of the main dataset for Au Train township median household income by age. You can refer the same here

About this dataset

Context

The dataset illustrates the median household income in Au Gres township, spanning the years from 2010 to 2023, with all figures adjusted to 2023 inflation-adjusted dollars. Based on the latest 2019-2023 5-Year Estimates from the American Community Survey, it displays how income varied over the last decade. The dataset can be utilized to gain insights into median household income trends and explore income variations.

Key observations:

From 2010 to 2023, the median household income for Au Gres township increased by $2,440 (4.25%), as per the American Community Survey estimates. In comparison, median household income for the United States increased by $5,602 (7.68%) between 2010 and 2023.

Analyzing the trend in median household income between the years 2010 and 2023, spanning 13 annual cycles, we observed that median household income, when adjusted for 2023 inflation using the Consumer Price Index retroactive series (R-CPI-U-RS), experienced growth year by year for 7 years and declined for 6 years.

Content

When available, the data consists of estimates from the U.S. Census Bureau American Community Survey (ACS) 2019-2023 5-Year Estimates. All incomes have been adjusting for inflation and are presented in 2022-inflation-adjusted dollars.

Years for which data is available:

• 2010, 2011, 2012, 2013, 2014, 2015, 2016, 2017, 2018, 2019, 2020, 2021, 2022, 0223

Variables / Data Columns

• Year: This column presents the data year from 2010 to 2023
• Median Household Income: Median household income, in 2023 inflation-adjusted dollars for the specific year
• YOY Change($): Change in median household income between the current and the previous year, in 2023 inflation-adjusted dollars
• YOY Change(%): Percent change in median household income between current and the previous year

Good to know

Margin of Error

Data in the dataset are based on the estimates and are subject to sampling variability and thus a margin of error. Neilsberg Research recommends using caution when presening these estimates in your research.

Custom data

If you do need custom data for any of your research project, report or presentation, you can contact our research staff at research@neilsberg.com for a feasibility of a custom tabulation on a fee-for-service basis.

Inspiration

Neilsberg Research Team curates, analyze and publishes demographics and economic data from a variety of public and proprietary sources, each of which often includes multiple surveys and programs. The large majority of Neilsberg Research aggregated datasets and insights is made available for free download at https://www.neilsberg.com/research/.

Recommended for further research

This dataset is a part of the main dataset for Au Gres township median household income. You can refer the same here