The inflation rate in Australia was at *** percent as of the first quarter of 2025. This was a decline of *** percentage points from the high of *** percent in the fourth quarter of 2022.

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.

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.

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.

Inflation, GDP deflator: linked series (annual %) in Australia was reported at 2.6266 % in 2024, according to the World Bank collection of development indicators, compiled from officially recognized sources. Australia - Inflation, GDP deflator: linked series (annual %) - actual values, historical data, forecasts and projections were sourced from the World Bank on September of 2025.

Inflation, consumer prices (annual %) in Australia was reported at 3.1616 % in 2024, according to the World Bank collection of development indicators, compiled from officially recognized sources. Australia - Inflation, consumer prices (annual %) - actual values, historical data, forecasts and projections were sourced from the World Bank on October of 2025.

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.

Australia: Inflation: percent change in the Consumer Price Index: The latest value from 2024 is 3.2 percent, a decline from 5.6 percent in 2023. In comparison, the world average is 6.0 percent, based on data from 155 countries. Historically, the average for Australia from 1960 to 2024 is 4.7 percent. The minimum value, -0.3 percent, was reached in 1962 while the maximum of 15.4 percent was recorded in 1974.

Graph and download economic data for Consumer Price Index: OECD Groups: All Items Non-Food Non-Energy: Total for Australia (CPGRLE01AUQ657N) from Q2 1971 to Q3 2023 about core, Australia, all items, CPI, inflation, price index, indexes, and price.

Australia Inflation:(GDP) Gross Domestic ProductDeflator data was reported at 6.512 % in 2023. This records a decrease from the previous number of 7.176 % for 2022. Australia Inflation:(GDP) Gross Domestic ProductDeflator data is updated yearly, averaging 3.825 % from Dec 1961 (Median) to 2023, with 63 observations. The data reached an all-time high of 16.490 % in 1975 and a record low of -0.663 % in 2016. Australia Inflation:(GDP) Gross Domestic ProductDeflator data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Australia – Table AU.World Bank.WDI: Inflation. Inflation as measured by the annual growth rate of the GDP implicit deflator shows the rate of price change in the economy as a whole. The GDP implicit deflator is the ratio of GDP in current local currency to GDP in constant local currency.;World Bank national accounts data, and OECD National Accounts data files.;Median;

In a survey conducted in 2023, around 38 percent of respondents, aged between 28 and 37, said they felt the cost of fuel had increased significantly in Australia over the preceding 12 months. Only 2.8 percent of those surveyed from the same age group believed that the cost of fuel had decreased slightly.

Australia Inflation Nowcast data was reported at 2.352 % in 12 May 2025. This records an increase from the previous number of 2.344 % for 05 May 2025. Australia Inflation Nowcast data is updated weekly, averaging 3.860 % from Mar 2021 (Median) to 12 May 2025, with 216 observations. The data reached an all-time high of 8.209 % in 30 Jan 2023 and a record low of 0.623 % in 19 Apr 2021. Australia Inflation Nowcast data remains active status in CEIC and is reported by CEIC Data. The data is categorized under Global Database’s Australia – Table AU.CEIC.NC: CEIC Nowcast: Inflation: Headline.

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.

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.

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.

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.

Australia Inflation Nowcast: Contribution: Balance Sheet: RBA: Lia: Other Reserves & Current Year Earnings data was reported at 28.596 % in 12 May 2025. This stayed constant from the previous number of 28.596 % for 05 May 2025. Australia Inflation Nowcast: Contribution: Balance Sheet: RBA: Lia: Other Reserves & Current Year Earnings data is updated weekly, averaging 2.838 % from Mar 2021 (Median) to 12 May 2025, with 216 observations. The data reached an all-time high of 46.165 % in 17 Feb 2025 and a record low of 0.000 % in 23 Jan 2023. Australia Inflation Nowcast: Contribution: Balance Sheet: RBA: Lia: Other Reserves & Current Year Earnings data remains active status in CEIC and is reported by CEIC Data. The data is categorized under Global Database’s Australia – Table AU.CEIC.NC: CEIC Nowcast: Inflation: Headline.

In the year to December 2023, price increases were recorded in the health category in all capital cities in Australia. Capital of Queensland, Brisbane, saw the most significant annual change of 6.7 percent, while Canberra's increase was the smallest at 4.7 percent.

Australia Inflation Nowcast: Contribution: Balance Sheet: RBA: Assets: Gold & Foreign Exchange data was reported at 2.047 % in 12 May 2025. This stayed constant from the previous number of 2.047 % for 05 May 2025. Australia Inflation Nowcast: Contribution: Balance Sheet: RBA: Assets: Gold & Foreign Exchange data is updated weekly, averaging 2.281 % from Mar 2021 (Median) to 12 May 2025, with 216 observations. The data reached an all-time high of 50.869 % in 17 Jan 2022 and a record low of 0.683 % in 23 Jan 2023. Australia Inflation Nowcast: Contribution: Balance Sheet: RBA: Assets: Gold & Foreign Exchange data remains active status in CEIC and is reported by CEIC Data. The data is categorized under Global Database’s Australia – Table AU.CEIC.NC: CEIC Nowcast: Inflation: Headline.

Monthly CPI Indicator in Australia increased to 3 percent in August from 2.80 percent in July of 2025. This dataset includes a chart with historical data for Australia Monthly CPI Indicator.