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.

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.

Inflation Expectations in Australia increased to 5 percent in June from 4.10 percent in May of 2025. This dataset provides - Australia Inflation Expectations- actual values, historical data, forecast, chart, statistics, economic calendar and news.

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...

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.

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.

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.

In December 2023, the Consumer Price Index (CPI) in Adelaide, Australia was 137.1, recording a change of 6.3 percent. The CPI in Adelaide indicated an increase higher than any other capital city in the country. With a CPI of 137.7, Brisbane, the capital of the country's north-eastern state of Queensland, recorded the highest CPI overall in the quarter. The CPI measures household inflation.

In December 2023, the Import Price Index (IPI) in Australia reached 134.41points. In comparison to December 2022, the IPI had dropped approximately 4.3 percent from 138.4 points. The IPI measures changes in the prices of products imported into the country.

Inflation Rate in Japan decreased to 3.50 percent in May from 3.60 percent in April 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.

As of December 2023, the Export Price Index (EPI) in Australia reached 173.1 points. In comparison to December 2022, the EPI fell by 8.8 percent from 181.9 points. The EPI reflects changes in the prices of goods and services exported from the country.

As of December 2023, the Export Price Index (EPI) in Australia recorded a change of -4.8 percent. Annual change in the EPI decreased compared to the 2022 December quarter. The EPI reflects changes in the prices of goods and services exported from the country.

As of December 2023, the Import Price Index (IPI) in Australia had decreased by approximately -3.1 percent compared to the December 2022 quarter. The IPI measures changes in the prices of products imported into the country.

In December 2024, the consumer price index (CPI) value of wine was measured at 109.1 across six capital cities in Australia. Consumer price indexes are used to measure changes in the price of goods and services which account for a high proportion of consumer household expenditure.

In May 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 20 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 -0.1 percent in May 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.

In December 2024, the consumer price index (CPI) value of beer was measured at 150.7 across six capital cities in Australia, marking a considerable rise since the start of the given period, where the beer CPI was measured at around 104.4 index points. Consumer price indexes are used to measure changes in the price of goods and services which account for a high proportion of consumer household expenditure.

In Dec 2023, the Consumer Price Index (CPI) in Adelaide, Australia was 137.1, recording a change of 6.3 percent on the 2022 December quarter, an increase higher than any other capital city in the country. The CPI measures household inflation and has risen steadily across the country since 2019.

Between December 2022 and December 2023, wages in Australia grew by around 4.2 percent. Wage growth in recent years has been relatively low in comparison to previous years, in particular in December 2020, which only saw a wage growth of 1.3%. Inflation and CPI outstripping wages While wages have increased in Australia, they have still not matched the rate of inflation, which was sitting at 4.1 percent at the end of 2023, down from a high of 7.8 percent at the end of the previous year. The high cost of goods has also put pressure on the public, with the Consumer Price Index standing at around 136 points, compared to a base year of 2011-12. Rent is on the rise As with many around the world, Australians are also feeling the costs of rent increases. The majority of people in Australia perceive that the cost of rent has risen significantly in their local area. This in turn has seen the government expenditure on rental assistance continue to be high, with around 4.7 billion Australian dollars spent to assist the Australian public in maintaining their housing needs.

The Gross Domestic Product (GDP) in Australia expanded 0.20 percent in the first quarter of 2025 over the previous quarter. This dataset provides - Australia GDP Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.