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.

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.

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 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

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.

Australia RBA Forecast:(CPI) Consumer Price IndexInflation: High data was reported at 2.700 % in Jun 2027. This records a decrease from the previous number of 2.800 % for Dec 2026. Australia RBA Forecast:(CPI) Consumer Price IndexInflation: 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 8.000 % in Dec 2022 and a record low of -1.000 % in Jun 2020. Australia RBA Forecast:(CPI) Consumer Price IndexInflation: 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.

Australia: Inflation forecast: The latest value from 2030 is 2.48 percent, a decline from 2.5 percent in 2029. In comparison, the world average is 3.65 percent, based on data from 182 countries. Historically, the average for Australia from 1989 to 2030 is 2.83 percent. The minimum value, -0.3 percent, was reached in 1997 while the maximum of 7.83 percent was recorded in 2022.

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.

Core consumer prices in Australia increased 2.90 percent in March 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.

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.

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.

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.

Australia Consumer Price Index (CPI): Weights: Housing data was reported at 21.385 % in Mar 2025. This stayed constant from the previous number of 21.385 % for Dec 2024. Australia Consumer Price Index (CPI): Weights: Housing data is updated quarterly, averaging 22.680 % from Sep 2017 (Median) to Mar 2025, with 31 observations. The data reached an all-time high of 24.050 % in Sep 2021 and a record low of 21.385 % in Mar 2025. Australia Consumer Price Index (CPI): Weights: Housing 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.

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.

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.

UNESCAP: Forecast: CPI: YoY%: Australia data was reported at 2.500 % in 2019. This records an increase from the previous number of 2.300 % for 2018. UNESCAP: Forecast: CPI: YoY%: Australia data is updated yearly, averaging 2.400 % from Dec 1997 (Median) to 2019, with 23 observations. The data reached an all-time high of 4.500 % in 2000 and a record low of 0.300 % in 1997. UNESCAP: Forecast: CPI: YoY%: Australia data remains active status in CEIC and is reported by United Nations Economic and Social Commission for Asia and the Pacific (UNESCAP). The data is categorized under World Trend Plus’s Country Forecast – Table UNESCAP: Consumer Price Index: UNESCAP Economies.

The transportation sub-index of the CPI basket in Australia increased to 129.90 points in the first quarter of 2025 from 128.60 points in the fourth quarter of 2024. This dataset provides - Australia Cpi Transportation- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Australia Consumer Price Index (CPI): Weights: Education: Secondary Education data was reported at 2.009 % in Mar 2025. This stayed constant from the previous number of 2.009 % for Dec 2024. Australia Consumer Price Index (CPI): Weights: Education: Secondary Education data is updated quarterly, averaging 1.870 % from Sep 2017 (Median) to Mar 2025, with 31 observations. The data reached an all-time high of 2.040 % in Sep 2021 and a record low of 1.700 % in Sep 2019. Australia Consumer Price Index (CPI): Weights: Education: Secondary 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.I010: Consumer Price Index: Weights: 17th Series.

This dataset provides values for CONSUMER PRICE INDEX CPI reported in several countries. The data includes current values, previous releases, historical highs and record lows, release frequency, reported unit and currency.

Australia Consumer Price Index (CPI): Weights: Housing: Utilities: Electricity data was reported at 1.835 % in Mar 2025. This stayed constant from the previous number of 1.835 % for Dec 2024. Australia Consumer Price Index (CPI): Weights: Housing: Utilities: Electricity data is updated quarterly, averaging 2.360 % from Sep 2017 (Median) to Mar 2025, with 31 observations. The data reached an all-time high of 2.800 % in Sep 2021 and a record low of 1.835 % in Mar 2025. Australia Consumer Price Index (CPI): Weights: Housing: Utilities: Electricity 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.