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.

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.

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.

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.

Over the twelve months preceding December 2023 quarter, the Consumer Price Index (CPI) in Australia grew 4.1 percent. This is a drop of 3.7 percent from the previous December. The CPI measures the average change in prices of a fixed basket of goods and services, purchased by household residents in Australia's eight state and territory capital cities.

Australia inflation rate for 2023 was 5.60%, a 1% decline from 2022.

<ul style='margin-top:20px;'>

<li>Australia inflation rate for 2022 was <strong>6.59%</strong>, a <strong>3.73% increase</strong> from 2021.</li>
<li>Australia inflation rate for 2021 was <strong>2.86%</strong>, a <strong>2.02% increase</strong> from 2020.</li>
<li>Australia inflation rate for 2020 was <strong>0.85%</strong>, a <strong>0.76% decline</strong> from 2019.</li>
</ul>Inflation as measured by the consumer price index reflects the annual percentage change in the cost to the average consumer of acquiring a basket of goods and services that may be fixed or changed at specified intervals, such as yearly. The Laspeyres formula is generally used.

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.

In December 2023, the Consumer Price Index (CPI) in Adelaide, Australia recorded a change of 4.8 percent, higher than any other capital city in the country. The CPI measures household inflation. Hobart and Perth saw the lowest change with around three percent.

Australia Consumer Price Index (CPI): Sydney: All Groups data was reported at 179.900 1989-1990=100 in Jun 2012. This records an increase from the previous number of 178.800 1989-1990=100 for Mar 2012. Australia Consumer Price Index (CPI): Sydney: All Groups data is updated quarterly, averaging 47.150 1989-1990=100 from Sep 1948 (Median) to Jun 2012, with 256 observations. The data reached an all-time high of 179.900 1989-1990=100 in Jun 2012 and a record low of 3.700 1989-1990=100 in Dec 1948. Australia Consumer Price Index (CPI): Sydney: 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.

Key information about Australia CPI: Food and Non Alcoholic Beverage Change

• Australia CPI: Food and Non Alcoholic Beverage Change was reported at 3.000 % in Dec 2024.
• This records a decrease from the previous number of 3.300 % for Sep 2024.
• Australia CPI: Food and Non Alcoholic Beverage Change data is updated quarterly, averaging 3.850 % from Sep 1973 to Dec 2024, with 206 observations.
• The data reached an all-time high of 20.600 % in Dec 1973 and a record low of -3.200 % in Jun 2012.
• Australia CPI: Food and Non Alcoholic Beverage 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: CPI: Food and Non Alcoholic Beverage: Y-o-Y Growth: Quarterly.

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.

The latest inflation rate, i.e. the percent change in the CPI from a year ago to now, in Australia was 2.4 percent. That number was released in . It shows a decrease from the inflation rate in the previous quarter when it stood at 2.42 percent. Compared to a year ago, we see a decrease from the...

Australia Consumer Price Index (CPI): Melbourne: Housing: Rents data was reported at 130.600 2011-2012=100 in Dec 2024. This records an increase from the previous number of 129.800 2011-2012=100 for Sep 2024. Australia Consumer Price Index (CPI): Melbourne: Housing: Rents data is updated quarterly, averaging 65.550 2011-2012=100 from Sep 1972 (Median) to Dec 2024, with 210 observations. The data reached an all-time high of 130.600 2011-2012=100 in Dec 2024 and a record low of 10.600 2011-2012=100 in Sep 1972. Australia Consumer Price Index (CPI): Melbourne: Housing: Rents 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.

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.

Australia Consumer Price Index (CPI): Perth: Housing: Rents: Rents data was reported at 124.200 2011-2012=100 in Mar 2025. This records an increase from the previous number of 122.100 2011-2012=100 for Dec 2024. Australia Consumer Price Index (CPI): Perth: Housing: Rents: Rents data is updated quarterly, averaging 56.300 2011-2012=100 from Sep 1972 (Median) to Mar 2025, with 211 observations. The data reached an all-time high of 124.200 2011-2012=100 in Mar 2025 and a record low of 12.200 2011-2012=100 in Sep 1972. Australia Consumer Price Index (CPI): Perth: Housing: Rents: Rents 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: 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.

In the year to March 2025, price increases were recorded across all grocery product categories in Australia, except for dairy and related products. Fruit and vegetables saw an annual increase of 6.6 percent. Meat and seafood products saw an annual growth of above four percent.

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.

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 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.