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Inflation Rate in Australia decreased to 2.10 percent in the second quarter of 2025 from 2.40 percent in the first quarter of 2025. 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.
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Australia Consumer Price Index (CPI): YoY data was reported at 2.568 % in 2026. This records an increase from the previous number of 2.258 % for 2025. Australia Consumer Price Index (CPI): YoY data is updated yearly, averaging 3.286 % from Dec 1961 (Median) to 2026, with 66 observations. The data reached an all-time high of 15.417 % in 1974 and a record low of -0.319 % in 1962. Australia Consumer Price Index (CPI): YoY 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.EO: Consumer and Wholesale Price Index: Forecast: OECD Member: Annual. CPI_YTYPCT- Headline inflation The CPI year-on-year changes is a measure of inflation
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.
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Inflation Expectations in Australia decreased to 4.70 percent in July from 5 percent in June of 2025. This dataset provides - Australia Inflation Expectations- actual values, historical data, forecast, chart, statistics, economic calendar and news.
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CPI Housing Utilities in Australia increased to 153.30 points in the second quarter of 2025 from 151.50 points in the first quarter of 2025. This dataset provides - Australia Cpi Housing Utilities- actual values, historical data, forecast, chart, statistics, economic calendar and news.
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Key information about Australia Core CPI Change
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Core consumer prices in Australia increased 2.70 percent in June 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.
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Key information about Australia Consumer Price Index CPI growth
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Consumer Price Index CPI in Australia increased to 141.70 points in the second quarter of 2025 from 140.70 points in the first quarter of 2025. This dataset provides - Australia Consumer Price Index (CPI) - actual values, historical data, forecast, chart, statistics, economic calendar and news.
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Australia Consumer Price Index (CPI): Weights: Housing data was reported at 21.385 % in Mar 2025. This stayed constant from the previous number of 21.385 % for Dec 2024. Australia Consumer Price Index (CPI): Weights: Housing data is updated quarterly, averaging 22.680 % from Sep 2017 (Median) to Mar 2025, with 31 observations. The data reached an all-time high of 24.050 % in Sep 2021 and a record low of 21.385 % in Mar 2025. Australia Consumer Price Index (CPI): Weights: Housing 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.
In 2020, the GDP shrunk by *** percent in Australia, and inflation was at an all-time low at *** percent over the last 20 years. In 2021, the GDP is predicted to grow by *** percent, and inflation to grow by *** percent. According to the forecast, the Gross Domestic Product and inflation will grow weakly over the next five years in Australia.
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Australia Consumer Price Index (CPI): Weights: Housing: Utilities: Electricity data was reported at 1.835 % in Mar 2025. This stayed constant from the previous number of 1.835 % for Dec 2024. Australia Consumer Price Index (CPI): Weights: Housing: Utilities: Electricity data is updated quarterly, averaging 2.360 % from Sep 2017 (Median) to Mar 2025, with 31 observations. The data reached an all-time high of 2.800 % in Sep 2021 and a record low of 1.835 % in Mar 2025. Australia Consumer Price Index (CPI): Weights: Housing: Utilities: Electricity 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.
2022 and 2023 saw inflation rates rise all over the world, especially spurred by effects of the COVID-19 pandemic and Russia's invasion of Ukraine. With its hyperinflation, ********* was predicted to have the highest inflation rate of the countries included here both in 2023, 2024, and 2025. On the other hand, ******* inflation rate was estimated to only reach *** percent in 2024.
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The transportation sub-index of the CPI basket in Australia decreased to 129 points in the second quarter of 2025 from 129.90 points in the first quarter of 2025. This dataset provides - Australia Cpi Transportation- actual values, historical data, forecast, chart, statistics, economic calendar and news.
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Australia Consumer Price Index (CPI): Weights: Education: Secondary Education data was reported at 2.009 % in Mar 2025. This stayed constant from the previous number of 2.009 % for Dec 2024. Australia Consumer Price Index (CPI): Weights: Education: Secondary Education data is updated quarterly, averaging 1.870 % from Sep 2017 (Median) to Mar 2025, with 31 observations. The data reached an all-time high of 2.040 % in Sep 2021 and a record low of 1.700 % in Sep 2019. Australia Consumer Price Index (CPI): Weights: Education: Secondary 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.
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The Consumer Price Index in Australia increased 0.70 percent in June of 2025 over the previous month. This dataset provides - Australia Inflation Rate QoQ - actual values, historical data, forecast, chart, statistics, economic calendar and news.
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.
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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.
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Monthly CPI Indicator in Australia decreased to 1.90 percent in June from 2.10 percent in May of 2025. This dataset includes a chart with historical data for Australia Monthly CPI Indicator.
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Trimmed Mean CPI QoQ in Australia decreased to 0.60 percent in the second quarter of 2025 from 0.70 percent in the first quarter of 2025. This dataset includes a chart with historical data for Australia RBA Trimmed Mean CPI QoQ.
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Inflation Rate in Australia decreased to 2.10 percent in the second quarter of 2025 from 2.40 percent in the first quarter of 2025. 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.