3 days ago · The consumer price index (CPI) is a quarterly measure of inflation published by the Australian Bureau of Statistics (ABS). The ABS also publishes a monthly CPI indicator, which is more timely and includes updated prices for around two-thirds of the CPI basket each month.

3 days ago · The odds of an interest rate cut next month have increased, with official figures showing the Reserve Bank of Australia's (RBA) preferred measure of inflation fell to 3.2 per cent over the year to ...

Nov 13, 2024 · All five Living Cost Indexes (LCIs) rose between 0.3% and 0.6% in the September 2024 quarter. Insurance and financial services and Recreation and culture were the main contributors to quarterly rises across all LCIs. These increases were offset by falls in Electricity and Automotive fuel prices.

3 days ago · Annual CPI lower than forecast at 2.4% in Q4; Core inflation slows to 3.2%, near RBA's 2-3% target band; Markets wager RBA to cut rates at Feb. 18 meeting

Annual trimmed mean inflation, which excluded annual falls in Electricity and Automotive fuel, and rises in Tobacco and Rents, alongside other large price rises and falls, was 2.7% in December, down from 3.2% in November.

3 days ago · Australia’s headline inflation is now lower than most major advanced economies including the United States, United Kingdom and Germany. Annual non‑tradable inflation was 3.1 per cent through the year to the December quarter 2024, down from 4.1 per cent through the year to the September quarter.

Inflation Rate in Australia is expected to be 2.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Australia Inflation Rate is projected to trend around 2.20 percent in 2026, according to our econometric models.

Oct 30, 2024 · Price pressures are easing off, with Australia's annual inflation rate falling to 2.8 per cent, down from 3.8 per cent mid-year — slightly lower than expectations. It's the lowest annual inflation rate in three and a half years.

Chart Pack Australian Inflation Released on 11 December 2024 (data as at 5 December 2024, except Unit Labour Costs Growth data which is as at 11 December 2024) View

The most well-known indicator of inflation is the Consumer Price Index (CPI). It captures price changes for the goods and services that households typically buy and is calculated independently by the Australian Bureau of Statistics (ABS).