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.

Inflation Expectations in Australia decreased to 4.10 percent in May from 4.20 percent in April of 2025. This dataset provides - Australia Inflation Expectations- actual values, historical data, forecast, chart, statistics, economic calendar and news.

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.

Monthly CPI Indicator in Australia remained unchanged at 2.40 percent in April. This dataset includes a chart with historical data for Australia Monthly CPI Indicator.

Australia Consumer Price Index (CPI): Weights: Clothing & Footwear: Accessories & Clothing Services data was reported at 0.795 % in Mar 2025. This stayed constant from the previous number of 0.795 % for Dec 2024. Australia Consumer Price Index (CPI): Weights: Clothing & Footwear: Accessories & Clothing Services data is updated quarterly, averaging 0.790 % from Sep 2017 (Median) to Mar 2025, with 31 observations. The data reached an all-time high of 0.910 % in Sep 2023 and a record low of 0.780 % in Sep 2020. Australia Consumer Price Index (CPI): Weights: Clothing & Footwear: Accessories & Clothing 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.I010: Consumer Price Index: Weights: 17th Series.

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.

CPI: Weights: Food & Non Alcoholic Beverages: Meals Out & Take Away Foods: Restaurant Meals data was reported at 3.946 % in Mar 2025. This stayed constant from the previous number of 3.946 % for Dec 2024. CPI: Weights: Food & Non Alcoholic Beverages: Meals Out & Take Away Foods: Restaurant Meals data is updated quarterly, averaging 3.420 % from Sep 2017 (Median) to Mar 2025, with 31 observations. The data reached an all-time high of 3.960 % in Sep 2023 and a record low of 3.300 % in Sep 2020. CPI: Weights: Food & Non Alcoholic Beverages: Meals Out & Take Away Foods: Restaurant Meals 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.

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.

CPI: Weights: Food & Non Alcoholic Beverages: Fruit & Vegetables: Vegetables data was reported at 1.111 % in Mar 2025. This stayed constant from the previous number of 1.111 % for Dec 2024. CPI: Weights: Food & Non Alcoholic Beverages: Fruit & Vegetables: Vegetables data is updated quarterly, averaging 1.280 % from Sep 2017 (Median) to Mar 2025, with 31 observations. The data reached an all-time high of 1.410 % in Sep 2023 and a record low of 1.111 % in Mar 2025. CPI: Weights: Food & Non Alcoholic Beverages: Fruit & Vegetables: Vegetables 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.

Consumer price index (2010 = 100) in Australia was reported at 144 in 2024, according to the World Bank collection of development indicators, compiled from officially recognized sources. Australia - Consumer price index (2010 = 100) - actual values, historical data, forecasts and projections were sourced from the World Bank on June of 2025.

Australia Consumer Price Index (CPI): % Change data was reported at 3.162 % in 2024. This records a decrease from the previous number of 5.597 % for 2023. Australia Consumer Price Index (CPI): % Change data is updated yearly, averaging 3.293 % from Dec 1950 (Median) to 2024, with 75 observations. The data reached an all-time high of 19.429 % in 1951 and a record low of -0.319 % in 1962. Australia Consumer Price Index (CPI): % Change data remains active status in CEIC and is reported by International Monetary Fund. The data is categorized under Global Database’s Australia – Table AU.IMF.IFS: Consumer and Producer Price Index: Annual.

CPI: Weights: Education: Tertiary Education data was reported at 1.734 % in Mar 2025. This stayed constant from the previous number of 1.734 % for Dec 2024. CPI: Weights: Education: Tertiary Education data is updated quarterly, averaging 1.630 % from Sep 2017 (Median) to Mar 2025, with 31 observations. The data reached an all-time high of 1.734 % in Mar 2025 and a record low of 1.570 % in Sep 2023. CPI: Weights: Education: Tertiary 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.

Cost of food in Australia increased 3.20 percent in March 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.

Australia Consumer Price Index data was reported at 144.303 2010=100 in 2024. This records an increase from the previous number of 139.880 2010=100 for 2023. Australia Consumer Price Index data is updated yearly, averaging 46.410 2010=100 from Dec 1949 (Median) to 2024, with 76 observations. The data reached an all-time high of 144.303 2010=100 in 2024 and a record low of 4.188 2010=100 in 1949. Australia Consumer Price Index data remains active status in CEIC and is reported by International Monetary Fund. The data is categorized under Global Database’s Australia – Table AU.IMF.IFS: Consumer and Producer Price Index: Annual.

Australia Consumer Price Index (CPI): Weights: Health: Medical Products, Appliances & Equipment: Therapeutic Appliances & Equipment data was reported at 0.143 % in Mar 2025. This stayed constant from the previous number of 0.143 % for Dec 2024. Australia Consumer Price Index (CPI): Weights: Health: Medical Products, Appliances & Equipment: Therapeutic Appliances & Equipment data is updated quarterly, averaging 0.150 % from Sep 2017 (Median) to Mar 2025, with 31 observations. The data reached an all-time high of 0.160 % in Sep 2023 and a record low of 0.140 % in Sep 2024. Australia Consumer Price Index (CPI): Weights: Health: Medical Products, Appliances & Equipment: Therapeutic Appliances & Equipment 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 Consumer Price Index (CPI): Weights: Financial & Insurance Services: Insurance data was reported at 1.220 % in Dec 2024. This stayed constant from the previous number of 1.220 % for Sep 2024. Australia Consumer Price Index (CPI): Weights: Financial & Insurance Services: Insurance data is updated quarterly, averaging 1.220 % from Sep 2017 (Median) to Dec 2024, with 30 observations. The data reached an all-time high of 1.240 % in Sep 2021 and a record low of 1.160 % in Sep 2023. Australia Consumer Price Index (CPI): Weights: Financial & Insurance Services: Insurance 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 Consumer Price Index (CPI): Weights: Food & Non Alcoholic Beverages: Others: Food nec data was reported at 0.526 % in Mar 2025. This stayed constant from the previous number of 0.526 % for Dec 2024. Australia Consumer Price Index (CPI): Weights: Food & Non Alcoholic Beverages: Others: Food nec data is updated quarterly, averaging 0.520 % from Sep 2017 (Median) to Mar 2025, with 31 observations. The data reached an all-time high of 0.570 % in Sep 2021 and a record low of 0.490 % in Sep 2023. Australia Consumer Price Index (CPI): Weights: Food & Non Alcoholic Beverages: Others: Food nec 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.

GDP Deflator in Australia increased to 109.13 points in the fourth quarter of 2023 from 107.85 points in the third quarter of 2023. This dataset provides - Australia GDP Deflator - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Australia Consumer Price Index (CPI): All Items: City data was reported at 125.976 2015=100 in Dec 2023. This records an increase from the previous number of 125.421 2015=100 for Sep 2023. Australia Consumer Price Index (CPI): All Items: City data is updated quarterly, averaging 38.282 2015=100 from Sep 1948 (Median) to Dec 2023, with 302 observations. The data reached an all-time high of 125.976 2015=100 in Dec 2023 and a record low of 3.417 2015=100 in Dec 1948. Australia Consumer Price Index (CPI): All Items: City 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.MEI: Consumer Price Index: COICOP 1999: OECD Member: Quarterly. The Australian CPI measures the pure price change in a selected basket of goods and services (of constant quality and quantity) typically purchased by Australian households. Prices used are actual transaction prices, including taxes but net of any unconditional subsidies or discounts. 'Special' and sales prices are recorded if they are temporary reductions. Rebates and free gifts are treated on a case by case basis. Prices are adjusted accordingly where bonus quantities, prepayments or early payment discounts and over-valuation during trade-ins are offered. No adjustments are made to prices in case where the price is linked to cheap finance or discount bulk purchases, or where entitlement to prizes in competitions are linked to product purchases. Any concessions available to particular groups of the population (such as age pensioners) are also taken into account where significant. Method of collection: The collection of prices in each capital city is largely conducted by trained field staff operating out of the various offices of the ABS, while some prices are collected by staff in the national office. Prices for most items are collected via personal visits using a hand held device. Other collection methods include the telephone, the Internet, electronic files, brochures, catalogues, and paper forms. Treatment of rentals for housing: The index includes a measure of rented housing. Treatement of Owner-Occupied Housing: The index includes a measure of owner-occupied housing costs represented by the purchase of dwellings (excluding land) and major improvements to existing homes and other costs according to an acquisitions approach. Treatment of missing prices: Missing values are imputed using price movements of similar products, price movements of the product at other outlets or other available external data. Treatment of quality changes: Prices are adjusted to remove the effect of quality changes. The method used vary according to the nature of the change and relies largely on external industry data. Treatment of replacement items: they are selected after consultation with retail outlet managers, product distributors or manufacturers and analysing industry data for the items affected. New products are included between weights updates via linking or splicing process. Treatment of seasonal items: items showing distinct seasonal behavior are adjusted via two methods. The first method involves repeating the same price in the out of season periods (education fees). In the second, prices for out of season products are imputed from other items in the same group or expenditure class (food and clothing).