Inflation Rate in Australia increased to 3.80 percent in the fourth quarter of 2025 from 3.20 percent in the third 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.

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.

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.

Cost of food in Australia increased 3.20 percent in October 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.

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.

Australia Inflation:(GDP) Gross Domestic ProductDeflator data was reported at 6.512 % in 2023. This records a decrease from the previous number of 7.176 % for 2022. Australia Inflation:(GDP) Gross Domestic ProductDeflator data is updated yearly, averaging 3.825 % from Dec 1961 (Median) to 2023, with 63 observations. The data reached an all-time high of 16.490 % in 1975 and a record low of -0.663 % in 2016. Australia Inflation:(GDP) Gross Domestic ProductDeflator 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. The GDP implicit deflator is the ratio of GDP in current local currency to GDP in constant local currency.;World Bank national accounts data, and OECD National Accounts data files.;Median;

Core consumer prices in Australia increased 3.30 percent in October 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.

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.;;

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 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.

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 an increase from the inflation rate in the previous quarter when it stood at 2.09 percent. Compared to a year ago, we see an increase from...

View yearly updates and historical trends for Australia Inflation Rate Outlook, Average Consumer Prices. Source: International Monetary Fund. Track econom…

IBISWorld examines the potentially significant effects of a global recession on domestic industries, businesses and consumers.

Australia: Inflation: percent change in the Consumer Price Index: The latest value from 2024 is 3.2 percent, a decline from 5.6 percent in 2023. In comparison, the world average is 6.0 percent, based on data from 155 countries. Historically, the average for Australia from 1960 to 2024 is 4.7 percent. The minimum value, -0.3 percent, was reached in 1962 while the maximum of 15.4 percent was recorded in 1974.

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.

View yearly updates and historical trends for Australia Inflation Rate Outlook, End of Period Consumer Prices. Source: International Monetary Fund. Track …

Australia Inflation Expectations: Consumer: 1 Year Ahead data was reported at 3.638 % in Mar 2025. This records a decrease from the previous number of 4.223 % for Dec 2024. Australia Inflation Expectations: Consumer: 1 Year Ahead data is updated quarterly, averaging 4.048 % from Mar 2016 (Median) to Mar 2025, with 37 observations. The data reached an all-time high of 6.661 % in Jun 2022 and a record low of 3.100 % in Sep 2020. Australia 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.I066: 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.

In 2023, agriculture contributed around 2.57 percent to the GDP of Australia, 27.65 percent came from industry, and 63.57 percent from the services sector. The same year, the Australian inflation rate, another important key indicator for its economic situation, amounted to 2.82 percent. Why is the inflation rate important?Inflation is the steady increase in price levels for consumer goods and services during a certain timespan. The European Central Bank considers a steady inflation rate of two percent a year beneficial for a stable economy – otherwise a country risks economic hardship. In the worst case, a country can experience either hyperinflation (like Venezuela), which is the rapid increase of prices to a point of economic collapse, or deflation, which is the decrease of prices and devaluation of money that can also lead to economic collapse. Up and down under Australia’s inflation has been clawing itself out of a slump in 2016, when it unceremoniously dropped to 1.25 percent due to falling petrol costs and oil prices. The following year, it recovered instantaneously and soared back to just under two percent, and forecasts see it reaching 2.52 percent by 2021. Australians don’t seem too worried about this outlier, and rightly so, since Australia’s economy is still one of the biggest in the Asia-Pacific region and worldwide.

The Consumer Price Index in Australia decreased 0 percent in October of 2025 over the previous month. This dataset provides - Australia Inflation Rate QoQ - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Inflation Expectations in Australia decreased to 4.50 percent in November from 4.80 percent in October of 2025. This dataset provides - Australia Inflation Expectations- actual values, historical data, forecast, chart, statistics, economic calendar and news.