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.

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.

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): Darwin: Insurance & Financial Services: Other Financial Services data was reported at 133.300 2011-2012=100 in Sep 2024. This records a decrease from the previous number of 133.400 2011-2012=100 for Jun 2024. Australia Consumer Price Index (CPI): Darwin: Insurance & Financial Services: Other Financial Services data is updated quarterly, averaging 103.350 2011-2012=100 from Jun 2005 (Median) to Sep 2024, with 78 observations. The data reached an all-time high of 133.400 2011-2012=100 in Jun 2024 and a record low of 85.500 2011-2012=100 in Jun 2005. Australia Consumer Price Index (CPI): Darwin: Insurance & Financial Services: Other Financial 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.I007: Consumer Price Index: 2011-12=100: Eight Capital Cities.

Australia Consumer Price Index (CPI): Perth: All excl Health data was reported at 135.200 2011-2012=100 in Sep 2024. This records a decrease from the previous number of 135.800 2011-2012=100 for Jun 2024. Australia Consumer Price Index (CPI): Perth: All excl Health data is updated quarterly, averaging 87.200 2011-2012=100 from Sep 1989 (Median) to Sep 2024, with 141 observations. The data reached an all-time high of 135.800 2011-2012=100 in Jun 2024 and a record low of 55.200 2011-2012=100 in Sep 1989. Australia Consumer Price Index (CPI): Perth: All excl Health 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.I007: Consumer Price Index: 2011-12=100: Eight Capital Cities.

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.

The rent price index in Australia in the fourth quarter of 2024 was 120.7, marking an increase from the same quarter of the previous year. Rent prices had decreased in 2020; in Melbourne and Sydney, this was mainly attributed to the absence of international students during the coronavirus outbreak. The current state of the rental market in Australia The rental market in Australia has been marked by varying conditions across different regions. Among the capital cities, Sydney and Melbourne have long been recognized for having some of the highest average rents. As of September 2024, the average weekly rent for a house in Sydney was 775 Australian dollars, which was the highest average rent across all major cities in Australia that year. Furthermore, due to factors like population growth and housing demand, regional areas have also seen noticeable increases in rental prices. For instance, households in the non-metropolitan area of New South Wales’s expenditure on rent was around 30 percent of their household income in the year ending June 2024. Housing affordability in Australia Housing affordability remains a significant challenge in Australia, contributing to a trend where many individuals and families rent for prolonged periods. The underlying cause of this issue is the ongoing disparity between household wages and housing costs, especially in large cities. While renting offers several advantages, it is worth noting that the associated costs may not always align with the expectation of affordability. Approximately one-third of participants in a survey conducted in 2023 stated that they pay between 16 and 30 percent of their monthly income on rent. Recent government initiatives such as the 2024 Help to Buy scheme aim to make it easier for people across Australia to get onto the property ladder. Still, the multifaceted nature of Australia’s housing affordability problem requires continued efforts to strike a balance between market dynamics and the need for accessible housing options for Australians.

In January 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 21 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 0.5 percent in January 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.

Australia Consumer Price Index (CPI): Canberra: Food & Non Alcoholic Beverages: Meat & Seafoods: Lamb & Mutton data was reported at 124.300 2011-2012=100 in Sep 2024. This records an increase from the previous number of 115.600 2011-2012=100 for Jun 2024. Australia Consumer Price Index (CPI): Canberra: Food & Non Alcoholic Beverages: Meat & Seafoods: Lamb & Mutton data is updated quarterly, averaging 43.400 2011-2012=100 from Sep 1972 (Median) to Sep 2024, with 209 observations. The data reached an all-time high of 133.600 2011-2012=100 in Jun 2022 and a record low of 7.900 2011-2012=100 in Sep 1972. Australia Consumer Price Index (CPI): Canberra: Food & Non Alcoholic Beverages: Meat & Seafoods: Lamb & Mutton 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.I007: Consumer Price Index: 2011-12=100: Eight Capital Cities.

At 8.07 U.S. dollars, Switzerland has the most expensive Big Macs in the world, according to the July 2024 Big Mac index. Concurrently, the cost of a Big Mac was 5.69 dollars in the U.S., and 6.06 U.S. dollars in the Euro area. What is the Big Mac index? The Big Mac index, published by The Economist, is a novel way of measuring whether the market exchange rates for different countries’ currencies are overvalued or undervalued. It does this by measuring each currency against a common standard – the Big Mac hamburger sold by McDonald’s restaurants all over the world. Twice a year the Economist converts the average national price of a Big Mac into U.S. dollars using the exchange rate at that point in time. As a Big Mac is a completely standardized product across the world, the argument goes that it should have the same relative cost in every country. Differences in the cost of a Big Mac expressed as U.S. dollars therefore reflect differences in the purchasing power of each currency. Is the Big Mac index a good measure of purchasing power parity? Purchasing power parity (PPP) is the idea that items should cost the same in different countries, based on the exchange rate at that time. This relationship does not hold in practice. Factors like tax rates, wage regulations, whether components need to be imported, and the level of market competition all contribute to price variations between countries. The Big Mac index does measure this basic point – that one U.S. dollar can buy more in some countries than others. There are more accurate ways to measure differences in PPP though, which convert a larger range of products into their dollar price. Adjusting for PPP can have a massive effect on how we understand a country’s economy. The country with the largest GDP adjusted for PPP is China, but when looking at the unadjusted GDP of different countries, the U.S. has the largest economy.

Australia Consumer Price Index (CPI): Food: Non Alcoholic Beverages data was reported at 130.000 2011-2012=100 in Dec 2024. This records a decrease from the previous number of 130.500 2011-2012=100 for Sep 2024. Australia Consumer Price Index (CPI): Food: Non Alcoholic Beverages data is updated quarterly, averaging 84.700 2011-2012=100 from Sep 1989 (Median) to Dec 2024, with 142 observations. The data reached an all-time high of 130.900 2011-2012=100 in Jun 2024 and a record low of 52.900 2011-2012=100 in Sep 1989. Australia Consumer Price Index (CPI): Food: Non Alcoholic Beverages 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.I003: Consumer Price Index: 2011-12=100: Quarterly.

Australia Consumer Price Index (CPI): Sydney: Furnishings, Household Equipments & Services: Furniture & Furnishings: Furniture data was reported at 111.000 2011-2012=100 in Sep 2024. This records an increase from the previous number of 108.700 2011-2012=100 for Jun 2024. Australia Consumer Price Index (CPI): Sydney: Furnishings, Household Equipments & Services: Furniture & Furnishings: Furniture data is updated quarterly, averaging 94.800 2011-2012=100 from Sep 1980 (Median) to Sep 2024, with 177 observations. The data reached an all-time high of 118.700 2011-2012=100 in Sep 2023 and a record low of 43.200 2011-2012=100 in Sep 1980. Australia Consumer Price Index (CPI): Sydney: Furnishings, Household Equipments & Services: Furniture & Furnishings: Furniture 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.I007: Consumer Price Index: 2011-12=100: Eight Capital Cities.

Australia Consumer Price Index (CPI): Canberra: Alcohol & Tobacco: Tobacco data was reported at 387.700 2011-2012=100 in Sep 2024. This records an increase from the previous number of 381.100 2011-2012=100 for Jun 2024. Australia Consumer Price Index (CPI): Canberra: Alcohol & Tobacco: Tobacco data is updated quarterly, averaging 38.800 2011-2012=100 from Sep 1972 (Median) to Sep 2024, with 209 observations. The data reached an all-time high of 387.700 2011-2012=100 in Sep 2024 and a record low of 2.300 2011-2012=100 in Dec 1972. Australia Consumer Price Index (CPI): Canberra: Alcohol & Tobacco: Tobacco 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.I007: Consumer Price Index: 2011-12=100: Eight Capital Cities.

The Gross Domestic Product (GDP) in Australia was worth 1728.06 billion US dollars in 2023, according to official data from the World Bank. The GDP value of Australia represents 1.64 percent of the world economy. This dataset provides - Australia GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Australia Consumer Price Index (CPI): Melbourne: Clothing & Footwear: Accessories & Clothing Services: Cleaning, Repair & Hire data was reported at 162.300 2011-2012=100 in Sep 2024. This records an increase from the previous number of 161.900 2011-2012=100 for Jun 2024. Australia Consumer Price Index (CPI): Melbourne: Clothing & Footwear: Accessories & Clothing Services: Cleaning, Repair & Hire data is updated quarterly, averaging 68.200 2011-2012=100 from Sep 1972 (Median) to Sep 2024, with 209 observations. The data reached an all-time high of 162.300 2011-2012=100 in Sep 2024 and a record low of 7.700 2011-2012=100 in Sep 1972. Australia Consumer Price Index (CPI): Melbourne: Clothing & Footwear: Accessories & Clothing Services: Cleaning, Repair & Hire 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.I007: Consumer Price Index: 2011-12=100: Eight Capital Cities.

Inflation Rate in Canada increased to 2.60 percent in February from 1.90 percent in January of 2025. This dataset provides - Canada Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Australia Consumer Price Index (CPI): Health: Medical, Dental and Hospital Services: Dental Services data was reported at 131.800 2011-2012=100 in Sep 2024. This records an increase from the previous number of 130.600 2011-2012=100 for Jun 2024. Australia Consumer Price Index (CPI): Health: Medical, Dental and Hospital Services: Dental Services data is updated quarterly, averaging 65.100 2011-2012=100 from Sep 1980 (Median) to Sep 2024, with 177 observations. The data reached an all-time high of 131.800 2011-2012=100 in Sep 2024 and a record low of 14.900 2011-2012=100 in Sep 1980. Australia Consumer Price Index (CPI): Health: Medical, Dental and Hospital Services: Dental 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.I003: Consumer Price Index: 2011-12=100: Quarterly.

Australia Consumer Price Index (CPI): Sydney: Furnishings, Household Equipments & Services: Non Durable Household Products data was reported at 113.700 2011-2012=100 in Sep 2024. This records a decrease from the previous number of 114.500 2011-2012=100 for Jun 2024. Australia Consumer Price Index (CPI): Sydney: Furnishings, Household Equipments & Services: Non Durable Household Products data is updated quarterly, averaging 97.000 2011-2012=100 from Sep 1989 (Median) to Sep 2024, with 141 observations. The data reached an all-time high of 114.800 2011-2012=100 in Sep 2023 and a record low of 70.800 2011-2012=100 in Sep 1989. Australia Consumer Price Index (CPI): Sydney: Furnishings, Household Equipments & Services: Non Durable Household Products 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.I007: Consumer Price Index: 2011-12=100: Eight Capital Cities.

Australia Consumer Price Index (CPI): Brisbane: Food & Non Alcoholic Beverages: Non Alcoholic Beverages: Waters, Soft Drinks & Juices data was reported at 138.600 2011-2012=100 in Dec 2024. This records a decrease from the previous number of 140.100 2011-2012=100 for Sep 2024. Australia Consumer Price Index (CPI): Brisbane: Food & Non Alcoholic Beverages: Non Alcoholic Beverages: Waters, Soft Drinks & Juices data is updated quarterly, averaging 82.800 2011-2012=100 from Sep 1989 (Median) to Dec 2024, with 142 observations. The data reached an all-time high of 140.400 2011-2012=100 in Jun 2024 and a record low of 54.900 2011-2012=100 in Sep 1989. Australia Consumer Price Index (CPI): Brisbane: Food & Non Alcoholic Beverages: Non Alcoholic Beverages: Waters, Soft Drinks & Juices 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.I007: Consumer Price Index: 2011-12=100: Eight Capital Cities.

Australia Consumer Price Index (CPI): Melbourne: Furnishings, Household Equipments & Services: Domestic & Household Services data was reported at 149.700 2011-2012=100 in Sep 2024. This records an increase from the previous number of 146.900 2011-2012=100 for Jun 2024. Australia Consumer Price Index (CPI): Melbourne: Furnishings, Household Equipments & Services: Domestic & Household Services data is updated quarterly, averaging 87.400 2011-2012=100 from Sep 1989 (Median) to Sep 2024, with 141 observations. The data reached an all-time high of 149.700 2011-2012=100 in Sep 2024 and a record low of 45.700 2011-2012=100 in Sep 1989. Australia Consumer Price Index (CPI): Melbourne: Furnishings, Household Equipments & Services: Domestic & Household 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.I007: Consumer Price Index: 2011-12=100: Eight Capital Cities.