Australia RBA Forecast: Underlying Inflation: High data was reported at 2.700 % in Jun 2027. This stayed constant from the previous number of 2.700 % for Dec 2026. Australia RBA Forecast: Underlying Inflation: High data is updated semiannually, averaging 2.500 % from Jun 2007 (Median) to Jun 2027, with 41 observations. The data reached an all-time high of 6.500 % in Dec 2022 and a record low of 1.000 % in Dec 2020. Australia RBA Forecast: Underlying Inflation: High 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.I004: Consumer Price Index: Forecast.

Core consumer prices in Australia increased 2.90 percent in March 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.

Australia RBA Forecast:(CPI) Consumer Price IndexInflation: High data was reported at 2.700 % in Jun 2027. This records a decrease from the previous number of 2.800 % for Dec 2026. Australia RBA Forecast:(CPI) Consumer Price IndexInflation: High data is updated semiannually, averaging 2.500 % from Jun 2007 (Median) to Jun 2027, with 41 observations. The data reached an all-time high of 8.000 % in Dec 2022 and a record low of -1.000 % in Jun 2020. Australia RBA Forecast:(CPI) Consumer Price IndexInflation: High 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.I004: Consumer Price Index: Forecast.

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 Federal Reserve Bank of Cleveland provides daily “nowcasts” of inflation for two popular price indexes, the price index for personal consumption expenditures (PCE) and the Consumer Price Index (CPI). These nowcasts give a sense of where inflation is today. Released each business day.

RBA Forecast: Underlying Inflation: Low data was reported at 2.000 % in Jun 2019. This records an increase from the previous number of 1.500 % for Dec 2018. RBA Forecast: Underlying Inflation: Low data is updated semiannually, averaging 2.000 % from Jun 2008 (Median) to Jun 2019, with 17 observations. The data reached an all-time high of 2.750 % in Dec 2009 and a record low of 1.000 % in Dec 2016. RBA Forecast: Underlying Inflation: Low 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.I004: Consumer Price Index: Forecast.

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.

Inflation Nowcast: Contribution: Balance Sheet: RBA: Lia: Australian Notes on Issue data was reported at 11.967 % in 12 May 2025. This stayed constant from the previous number of 11.967 % for 05 May 2025. Inflation Nowcast: Contribution: Balance Sheet: RBA: Lia: Australian Notes on Issue data is updated weekly, averaging 7.243 % from Mar 2021 (Median) to 12 May 2025, with 216 observations. The data reached an all-time high of 36.375 % in 20 Sep 2021 and a record low of 0.520 % in 18 Jul 2022. Inflation Nowcast: Contribution: Balance Sheet: RBA: Lia: Australian Notes on Issue 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.

The median CPI is a measure of inflation computed by the Federal Reserve Bank of Cleveland. It ranks the components of CPI inflation and picks the one in the middle. Its construction makes it less sensitive to short-lived price fluctuations, thereby better capturing the trend in prices. Released monthly.

Weighted Median CPI QoQ in Australia increased to 0.70 percent in the first quarter of 2025 from 0.60 percent in the fourth quarter of 2024. This dataset includes a chart with historical data for Australia RBA Weighted Mean CPI QoQ.

Australia Inflation Nowcast: Contribution: Balance Sheet: RBA: Lia: Deposits: Others data was reported at 1.292 % in 12 May 2025. This stayed constant from the previous number of 1.292 % for 05 May 2025. Australia Inflation Nowcast: Contribution: Balance Sheet: RBA: Lia: Deposits: Others data is updated weekly, averaging 0.430 % from Mar 2021 (Median) to 12 May 2025, with 216 observations. The data reached an all-time high of 10.527 % in 20 Feb 2023 and a record low of 0.000 % in 18 Nov 2024. Australia Inflation Nowcast: Contribution: Balance Sheet: RBA: Lia: Deposits: Others 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.

Graph and download economic data for Inflation, consumer prices for the United States (FPCPITOTLZGUSA) from 1960 to 2024 about consumer, CPI, inflation, price index, indexes, price, and USA.

Inflation Expectations in Australia increased to 5 percent in June from 4.10 percent in May of 2025. This dataset provides - Australia Inflation Expectations- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Graph and download economic data for Consumer Price Inflation in the United Kingdom (CPIIUKA) from 1210 to 2016 about consumer prices, academic data, United Kingdom, consumer, CPI, inflation, price index, indexes, and price.

The benchmark interest rate in Australia was last recorded at 3.85 percent. This dataset provides - Australia Interest Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Central Reserve Bank of Peru: Inflation Target data was reported at 2.000 % in 2020. This stayed constant from the previous number of 2.000 % for 2019. Central Reserve Bank of Peru: Inflation Target data is updated yearly, averaging 2.000 % from Dec 2002 (Median) to 2020, with 19 observations. The data reached an all-time high of 2.500 % in 2006 and a record low of 2.000 % in 2020. Central Reserve Bank of Peru: Inflation Target data remains active status in CEIC and is reported by Central Reserve Bank of Peru. The data is categorized under Global Database’s Peru – Table PE.I001: Consumer Price Index: Inflation Target.

We explain how measures of consumer prices are computed and what the differences are between the consumer price index (CPI) and the personal consumption expenditures (PCE) price index. We also explain various measures used to gauge underlying inflation, or the long-term trend in prices, such as median and trimmed-mean inflation rates and core inflation.

Weighted Median CPI YoY in Australia decreased to 3 percent in the first quarter of 2025 from 3.50 percent in the fourth quarter of 2024. This dataset includes a chart with historical data for Australia RBA Weighted Mean CPI YoY.

Inflation Nowcast: Contribution: Balance Sheet: RBA: Assets: Australian Dollar Securities data was reported at 3.253 % in 12 May 2025. This stayed constant from the previous number of 3.253 % for 05 May 2025. Inflation Nowcast: Contribution: Balance Sheet: RBA: Assets: Australian Dollar Securities data is updated weekly, averaging 3.044 % from Mar 2021 (Median) to 12 May 2025, with 216 observations. The data reached an all-time high of 38.699 % in 22 Aug 2022 and a record low of 0.437 % in 23 Aug 2021. Inflation Nowcast: Contribution: Balance Sheet: RBA: Assets: Australian Dollar Securities 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 April 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 21 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 April 2025. In contrast, Russia maintained a high inflation rate of 10.2 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.