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.

Graph and download economic data for Financial Market: Real Effective Exchange Rates: CPI Based for Australia (CCRETT01AUQ661N) from Q1 1972 to Q3 2025 about Australia, exchange rate, currency, CPI, manufacturing, real, rate, price index, indexes, and price.

Graph and download economic data for Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Total for Australia (AUSCPIALLQINMEI) from Q3 1948 to Q1 2025 about Australia, all items, CPI, price index, indexes, and price.

Graph and download economic data for Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Education for Australia (AUSCP100000GYQ) from Q1 1982 to Q1 2025 about Australia, CPI, price index, indexes, and price.

Graph and download economic data for Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Housing for Australia (AUSCPGRHO01IXOBQ) from Q1 1996 to Q1 2025 about Australia, CPI, price index, indexes, and price.

Graph and download economic data for Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: All Items Non-Food Non-Energy for Australia (CPGRLE01AUQ659N) from Q2 1971 to Q1 2025 about core, Australia, all items, CPI, inflation, price index, indexes, and price.

Graph and download economic data for Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Health for Australia (AUSCP060000GYQ) from Q3 1990 to Q1 2025 about Australia, CPI, price index, indexes, and price.

Graph and download economic data for Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Electricity, Gas and Other Fuels for Australia (AUSCP040500GYQ) from Q3 1990 to Q1 2025 about water, fuels, Australia, electricity, gas, CPI, price index, indexes, and price.

Graph and download economic data for Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Food and Non-Alcoholic Beverages for Australia (AUSCP010000GYQ) from Q1 1956 to Q1 2025 about non-alcoholic, beverages, Australia, CPI, price index, indexes, and price.

Graph and download economic data for Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Housing Excluding Imputed Rentals for Housing for Australia (AUSCPGRHO02GYQ) from Q3 1981 to Q1 2025 about imputed, Australia, rent, CPI, price index, indexes, and price.

Graph and download economic data for Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Alcoholic Beverages, Tobacco and Narcotics for Australia (AUSCP020000GYQ) from Q3 1973 to Q1 2025 about alcohol, tobacco, beverages, Australia, CPI, price index, indexes, and price.

Graph and download economic data for Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Water Supply and Miscellaneous Services Relating to the Dwelling for Australia (AUSCP040400GYQ) from Q2 1999 to Q1 2025 about water, miscellaneous, fuels, supplies, Australia, electricity, gas, CPI, services, price index, indexes, and price.

Graph and download economic data for Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Maintenance and Repair of the Dwelling for Australia (AUSCP040300GYQ) from Q3 1981 to Q1 2025 about repair, maintenance, water, fuels, Australia, electricity, gas, CPI, price index, indexes, and price.

Graph and download economic data for Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Imputed Rentals for Housing for Australia (AUSCP040200IXOBQ) from Q2 1998 to Q1 2025 about alcohol, tobacco, beverages, Australia, CPI, price index, indexes, and price.