Inflation Expectations in Australia decreased to 3.60 percent in March from 4.60 percent in February of 2025. This dataset provides - Australia Inflation Expectations- actual values, historical data, forecast, chart, statistics, economic calendar and news.

The statistic shows the inflation rate in Australia from 1987 to 2022, with projections up until 2029. 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 2022, the average inflation rate in Australia was at about 6.61 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 Expectations: Consumer: 3 Months Ahead data was reported at 2.010 % in Dec 2024. This records an increase from the previous number of 1.720 % for Sep 2024. Australia Inflation Expectations: Consumer: 3 Months Ahead data is updated quarterly, averaging 1.690 % from Sep 1989 (Median) to Dec 2024, with 142 observations. The data reached an all-time high of 5.280 % in Jun 2022 and a record low of 0.190 % in Sep 2020. Australia Inflation Expectations: Consumer: 3 Months 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.I065: Inflation Expectation.

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

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.

Australia Inflation Target: Upper Limit data was reported at 3.000 % in 2025. This stayed constant from the previous number of 3.000 % for 2024. Australia Inflation Target: Upper Limit data is updated yearly, averaging 3.000 % from Dec 1996 (Median) to 2025, with 30 observations. The data reached an all-time high of 3.000 % in 2025 and a record low of 3.000 % in 2025. Australia Inflation Target: Upper Limit 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.I001: Consumer Price Index: Inflation Target.

2022 and 2023 saw inflation rates rise all over the world, especially spurred by effects of the COVID-19 pandemic and Russia's invasion of Ukraine. With its hyperinflation, Argentina was predicted to have the highest inflation rate of the countries included here both in 2023, 2024, and 2025. On the other hand, China's inflation rate was estimated to only reach one percent in 2024.

Australia Consumer Price Index (CPI): MoM data was reported at -0.240 % in Jan 2025. This records a decrease from the previous number of 0.805 % for Dec 2024. Australia Consumer Price Index (CPI): MoM data is updated monthly, averaging 0.283 % from Oct 2017 (Median) to Jan 2025, with 88 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.

通胀预期：消费者：1年展望在12-01-2024达4.223%，相较于09-01-2024的4.433%有所下降。通胀预期：消费者：1年展望数据按季更新，03-01-2016至12-01-2024期间平均值为4.074%，共36份观测结果。该数据的历史最高值出现于06-01-2022，达6.661%，而历史最低值则出现于09-01-2020，为3.100%。CEIC提供的通胀预期：消费者：1年展望数据处于定期更新的状态，数据来源于Reserve Bank of Australia，数据归类于全球数据库的澳大利亚 – Table AU.I065: Inflation Expectation。

Inflation Rate in Japan decreased to 3.70 percent in February from 4 percent in January 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.

Australia Core Inflation Index: YoY: Single Hit Scenario data was reported at 1.221 % in 2021. This records an increase from the previous number of 0.938 % for 2020. Australia Core Inflation Index: YoY: Single Hit Scenario data is updated yearly, averaging 2.511 % from Dec 1988 (Median) to 2021, with 34 observations. The data reached an all-time high of 7.418 % in 1988 and a record low of 0.938 % in 2020. Australia Core Inflation Index: YoY: Single Hit Scenario 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. PCORE_YTYPCT - Core inflationOECD group, all items non-food non-energy. See exceptions at the country's serie metadataData are seasonally adjusted by the OECD; All groups excluding volatile items : comprises the All groups CPI excluding Fruit and vegetables and Automotive fuel

Monthly CPI Indicator in Australia decreased to 2.40 percent in February from 2.50 percent in January of 2025. This dataset includes a chart with historical data for Australia Monthly CPI Indicator.

Australia Core Inflation Index: YoY data was reported at 2.614 % in 2026. This records an increase from the previous number of 2.258 % for 2025. Australia Core Inflation Index: YoY data is updated yearly, averaging 2.631 % from Dec 1987 (Median) to 2026, with 40 observations. The data reached an all-time high of 7.418 % in 1988 and a record low of 1.198 % in 1999. Australia Core Inflation Index: 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. PCORE_YTYPCT - Core inflationOECD group, all items non-food non-energy. See exceptions at the country's serie metadata; All groups excluding volatile items : comprises the All groups CPI excluding Fruit and vegetables and Automotive fuel

Australia Consumer Price Index (CPI): Education: Education data was reported at 352.300 1989-1990=100 in Jun 2012. This records an increase from the previous number of 352.200 1989-1990=100 for Mar 2012. Australia Consumer Price Index (CPI): Education: Education data is updated quarterly, averaging 160.800 1989-1990=100 from Mar 1982 (Median) to Jun 2012, with 122 observations. The data reached an all-time high of 352.300 1989-1990=100 in Jun 2012 and a record low of 44.800 1989-1990=100 in Dec 1982. Australia Consumer Price Index (CPI): Education: Education 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.I008: Consumer Price Index: 1989-90=100.

Consumer Price Index CPI in Australia increased to 139.40 points in the fourth quarter of 2024 from 139.10 points in the third 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): Weights: Recreation: Holiday Travel & Accommodation data was reported at 6.020 % in Dec 2024. This stayed constant from the previous number of 6.020 % for Sep 2024. Australia Consumer Price Index (CPI): Weights: Recreation: Holiday Travel & Accommodation data is updated quarterly, averaging 5.830 % from Sep 2017 (Median) to Dec 2024, with 30 observations. The data reached an all-time high of 6.330 % in Sep 2020 and a record low of 2.030 % in Sep 2022. Australia Consumer Price Index (CPI): Weights: Recreation: Holiday Travel & Accommodation 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.I010: Consumer Price Index: Weights: 17th Series.

Australia Inflation Target: Lower Limit data was reported at 2.000 % in 2025. This stayed constant from the previous number of 2.000 % for 2024. Australia Inflation Target: Lower Limit data is updated yearly, averaging 2.000 % from Dec 1996 (Median) to 2025, with 30 observations. The data reached an all-time high of 2.000 % in 2025 and a record low of 2.000 % in 2025. Australia Inflation Target: Lower Limit 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.I001: Consumer Price Index: Inflation Target.

Australia Consumer Price Index (CPI): Health: Health Services: Hospital and Medical Services data was reported at 347.500 1989-1990=100 in Jun 2012. This records an increase from the previous number of 337.900 1989-1990=100 for Mar 2012. Australia Consumer Price Index (CPI): Health: Health Services: Hospital and Medical Services data is updated quarterly, averaging 165.850 1989-1990=100 from Sep 1980 (Median) to Jun 2012, with 128 observations. The data reached an all-time high of 347.500 1989-1990=100 in Jun 2012 and a record low of 49.600 1989-1990=100 in Sep 1984. Australia Consumer Price Index (CPI): Health: Health Services: Hospital and Medical Services 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.I008: Consumer Price Index: 1989-90=100.

Australia Consumer Price Index (CPI): Perth: All Groups data was reported at 180.400 1989-1990=100 in Jun 2012. This records an increase from the previous number of 179.500 1989-1990=100 for Mar 2012. Australia Consumer Price Index (CPI): Perth: All Groups data is updated quarterly, averaging 47.750 1989-1990=100 from Sep 1948 (Median) to Jun 2012, with 256 observations. The data reached an all-time high of 180.400 1989-1990=100 in Jun 2012 and a record low of 3.700 1989-1990=100 in Sep 1948. Australia Consumer Price Index (CPI): Perth: All Groups 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.I009: Consumer Price Index: 1989-90=100: Eight Capital Cities.

Inflation Rate in New Zealand remained unchanged at 2.20 percent in the fourth quarter of 2024 from 2.20 percent in the third quarter of 2024. This dataset provides - New Zealand Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.