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.

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.

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.

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.

This dataset provides values for INFLATION RATE reported in several countries. The data includes current values, previous releases, historical highs and record lows, release frequency, reported unit and currency.

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.

At the end of 2024, Zimbabwe had the highest inflation rate in the world, at 736.11 percent change compared to the previous year. Inflation in industrialized and in emerging countries Higher inflation rates are more present in less developed economies, as they often lack a sufficient central banking system, which in turn results in the manipulation of currency to achieve short term economic goals. Thus, interest rates increase while the general economic situation remains constant. In more developed economies and in the prime emerging markets, the inflation rate does not fluctuate as sporadically. Additionally, the majority of countries that maintained the lowest inflation rate compared to previous years are primarily oil producers or small island independent states. These countries experienced deflation, which occurs when the inflation rate falls below zero; this may happen for a variety of factors, such as a shift in supply or demand of goods and services, or an outflow of capital.

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.

Graph and download economic data for Inflation, consumer prices for Australia (FPCPITOTLZGAUS) from 1960 to 2024 about Australia, consumer, CPI, inflation, price index, indexes, and price.

Break Even Inflation Rate: 10-Year data was reported at 2.160 % in Mar 2025. This records a decrease from the previous number of 2.320 % for Dec 2024. Break Even Inflation Rate: 10-Year data is updated quarterly, averaging 2.620 % from Dec 1985 (Median) to Mar 2025, with 157 observations. The data reached an all-time high of 9.370 % in Mar 1989 and a record low of 0.660 % in Mar 2020. Break Even Inflation Rate: 10-Year data remains active status in CEIC and is reported by Reserve Bank of Australia. The data is categorized under Global Database’s Australia – Table AU.I067: Breakeven Inflation Rate. The Breakeven 10 Year Inflation Rate is measured by the Reserve Bank of Australia using Commonwealth government securities. For data since 1996, the RBA uses interpolation and projection of the yield curve to estimate both nominal and inflation-indexed bond yields with an exact 10-year maturity. Prior to 1996, these adjustments are not made and the nominal and inflation-indexed bond yields used to derive the series may not reflect ideal 10-year maturities. [COVID-19-IMPACT]

Between March 2024 and March 2025, wages in Australia declined by around 0.6 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 2.4 percent at the end of 2024, down from a high of 7.8 percent at the end of 2022. The high cost of goods has also put pressure on the public, with the Consumer Price Index standing at around 139.4 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 latest inflation rate, i.e. the percent change in the CPI from a year ago to now, in Australia was 2.09 percent. That number was released in . It shows a decrease from the inflation rate in the previous quarter when it stood at 2.4 percent. Compared to a year ago, we see a decrease from the...

Historical dataset showing Australia inflation rate by year from 1960 to 2024.

The statistic lists the 20 countries with the lowest inflation rate in 2024. In 2023, China ranked 6th with an inflation rate of about 0.21 percent compared to the previous year. Inflation rates and the financial crisis Due to relatively stagnant worker wages as well as a hesitation from banks to so easily distribute loans to the ordinary citizen, inflation has remained considerably low. Low inflation rates are most apparent in European countries, which stems from the on-going Eurozone debt crisis as well as from the global financial crisis of 2008. With continuous economical struggles and a currently sensitive economic situation throughout Europe, precautions were taken in order to maintain stability and to prevent consequential breakdowns, such as those in Greece and Spain. Additionally, the average European consumer had to endure financial setbacks, causing doubt in the general future of the entire European Union, as evident in the consumer confidence statistics, which in turn raised the question, if several handpicked countries should step out of the EU in order to improve its economic position. Greece, while perhaps experiencing the largest economic drought out of all European countries, improved on its inflation rate. The situation within the country is slowly improving itself as a result of a recent bailout as well as economic stimulus packages issued by the European Union. Furthermore, the Greek government managed its revenues and expenses more competently in comparison to the prime of the global and the Greek financial crisis, with annual expenses only slightly exceeding yearly revenues.

Services Inflation in Australia decreased to 3.30 percent in the second quarter of 2025 from 3.70 percent in the first quarter of 2025. This dataset includes a chart with historical data for Australia Services Inflation.

Inflation Expectations in Australia increased to 4.80 percent in October from 4.70 percent in September of 2025. This dataset provides - Australia Inflation Expectations- actual values, historical data, forecast, chart, statistics, economic calendar and news.

View yearly updates and historical trends for Australia Inflation Rate Outlook, Average Consumer Prices. Source: International Monetary Fund. Track econom…

Australia Inflation Expectations: Consumer: 1 Year Ahead data was reported at 3.638 % in Mar 2025. This records a decrease from the previous number of 4.223 % for Dec 2024. Australia Inflation Expectations: Consumer: 1 Year Ahead data is updated quarterly, averaging 4.048 % from Mar 2016 (Median) to Mar 2025, with 37 observations. The data reached an all-time high of 6.661 % in Jun 2022 and a record low of 3.100 % in Sep 2020. Australia Inflation Expectations: Consumer: 1 Year Ahead data remains active status in CEIC and is reported by Reserve Bank of Australia. The data is categorized under Global Database’s Australia – Table AU.I066: Inflation Expectation. Inflation Expectation is measured by the Melbourne Institute Survey of Consumer Inflationary Expectations trimmed mean expected inflation rate for the year ahead; the data are collected monthly and end-quarter observations are shown.

Australia’s real house price index increased to 122.4 in the first quarter of 2025. House prices fluctuated over the reported period compared to the base year of 2015, experiencing a sharp increase throughout 2021, with the country’s house price index peaking in the first quarter of 2022 at 131.1. Prospective homeowners priced out of the market Recent house price increases reflect the ongoing challenges of housing affordability in Australia. Property prices largely outpace income growth, reigniting discussions about whether the country is stuck in a property bubble, a topic that has been debated for over a decade. The country’s house price-to-income ratio hit 122.5 in the second quarter of 2024, the highest ratio recorded over the past five years, making it increasingly difficult to get on the property ladder. Unaffordable rental conditions Australia’s rental market has also seen challenges, with the rent price index continuing to climb throughout 2024 into the first quarter of 2025, making the prospect of renting less appealing. As of March 2025, the average weekly house rent price in Sydney stood at 775 Australian dollars, the highest across the country’s major cities. Canberra, Darwin, and Perth were the next most expensive markets for house rents, while Hobart was the most affordable capital city for both house and unit rent prices.

View yearly updates and historical trends for Australia Inflation. Source: World Bank. Track economic data with YCharts analytics.