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.

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.

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.

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.

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.

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.

The Regional Price Index contrasts the cost of a common basket of goods and services at a number of regional locations to the Perth metropolitan area. The RPIs were commissioned to assist with the calculation of the Western Australian State Government’s regional district allowance, and it has been used to assist in policy decision-making. Show full description

Australia NAIRU: Unemployment Gap data was reported at 0.413 % in 2022. This records an increase from the previous number of -0.174 % for 2021. Australia NAIRU: Unemployment Gap data is updated yearly, averaging -0.216 % from Dec 1985 (Median) to 2022, with 38 observations. The data reached an all-time high of 1.294 % in 1989 and a record low of -2.501 % in 1992. Australia NAIRU: Unemployment Gap 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: Non-Accelerating Inflation Rate of Unemployment (NAIRU): Forecast: OECD Member: Annual. GAPUNR - Unemployment gap Difference of nairu and unemployment rate OECD calculation, see OECD Economic Outlook, Database Inventory OECD Economic Outlook, Database Inventory:https://www.oecd.org/eco/outlook/Database_Inventory.pdf

Inflation Rate in Japan decreased to 3.30 percent in June from 3.50 percent in May 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.

Inflation Rate in Morocco remained unchanged at 0.40 percent in June. This dataset provides - Morocco Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Australia House Price Index: Nominal: sa data was reported at 155.820 2015=100 in Sep 2024. This records an increase from the previous number of 152.732 2015=100 for Jun 2024. Australia House Price Index: Nominal: sa data is updated quarterly, averaging 26.614 2015=100 from Mar 1970 (Median) to Sep 2024, with 219 observations. The data reached an all-time high of 155.820 2015=100 in Sep 2024 and a record low of 2.459 2015=100 in Mar 1970. Australia House Price Index: Nominal: sa 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.AHPI: House Price Index: Seasonally Adjusted: OECD Member: Quarterly. Whole country; Seasonnally adjusted by OECD, using the X-12 ARIMA method;

This report analyses the value of the consumer price index (CPI). The CPI measures the price of a basket of goods consumed by the average Australian, and is the standard measure of the rate of inflation in Australia. Indexes are calculated for each of the capital cities and are then combined as a weighted average to obtain a nationwide value. This report uses the average quarterly value of the index over each financial year. The data for this report is sourced from the Australian Bureau of Statistics and is measured in points, with a base of 100.0 points in 2011-12.

The statistic shows the growth rate of Australia’s real GDP from 2020 to 2024, with projections up until 2030. In 2024, GDP in Australia grew by about 1.04 percent on the previous year.The recession-proof land down underGDP is one of the primary indicators used to gauge the state and health of a country’s economy. It is the total market value of all final goods and services that have been produced within a country in a given period of time, usually a year. GDP figures allow us to understand a country’s economy in a clear way. Real GDP, in a similar vein, is also a very useful indicator; this is a measurement that takes prices changes (inflation and deflation) into account, therefore acting as a key indicator for economic growth.The gross domestic product (GDP) growth rate in Australia has, for sometime, been able to get a steady foothold in the somewhat shaky post-recession world, shaky, but far from catastrophic. The annual growth rate between the 2008 and 2009 financial years, for example, a time at which the world was brought to its proverbial knees, saw growth rates down under reach to 2.49 and 1.37 percent respectively on the previous years, whereas the GDP growth rate in the United States plummeted well into the minus zone. Australia, like all other capitalist nations, is at the mercy of international markets, and when the world economy takes a hit, it would be foolish to suggest it could emerge fully unscathed. However, Australia has earned some much deserved praise and attention owing to the fact that it has managed to remain recession-free for the past twenty years. This could be thanks to its abundance of raw materials, the Australian mining boom, the fact the recession came at a time of high commodity prices and, maybe most importantly, that just under a third of its exports go to China.

CPI Housing Utilities in Australia increased to 151.50 points in the first quarter of 2025 from 149 points in the fourth quarter of 2024. This dataset provides - Australia Cpi Housing Utilities- actual values, historical data, forecast, chart, statistics, economic calendar and news.

The AUD/USD exchange rate rose to 0.6603 on July 23, 2025, up 0.76% from the previous session. Over the past month, the Australian Dollar has strengthened 1.65%, and is up by 0.44% over the last 12 months. Australian Dollar - values, historical data, forecasts and news - updated on July of 2025.

Import Prices in Australia increased to 135.90 points in the first quarter of 2025 from 131.50 points in the fourth quarter of 2024. This dataset provides the latest reported value for - Australia Import Prices - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Housing Index in Australia increased to 183.90 points in the fourth quarter of 2021 from 175.60 points in the third quarter of 2021. This dataset provides the latest reported value for - Australia House Price Index - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.