Australia Inflation Rate

Last Release

Jun 30, 2025

Actual

2.1

Units In

2.4

Frequency

Quarterly

Next Release

Oct 29, 2025

Time to Release

18 Days 7 Hours

Highest	Lowest	Average	Date Range	Source
23.9 Dec 1951	-1.3 Jun 1962	4.85 %	1951-2025	Australian Bureau of Statistics

In Australia, the most important categories in the consumer price index are housing (22.3 percent of the total weight), food and non–alcoholic beverages (16.8 percent), recreation and culture (12.6 percent), transport (11.6 percent), furnishings, household equipment and services (9.1 percent), alcohol and tobacco (7.1 percent), health (5.3 percent) and insurance and financial services (5.1 percent). Clothing and footwear, education and communication account for remaining 10.2 percent of total weight.

Latest Updates

Australia’s economy is performing well, with inflation within the central bank's 2–3% target range and a tight labor market, Governor Michele Bullock told a parliamentary committee Friday. “We have got a good unemployment rate so far. We have got inflation back in the band. We are in a pretty good spot,” she said. Household consumption is rising, offsetting weaker public demand and supporting growth. The Reserve Bank left interest rates at 3.6% last month, after three cuts since February, as it monitors inflation toward the target midpoint. Strong spending, real income growth, a resilient housing market, and a tight labor market support holding rates. Bullock noted services inflation remains “sticky” and highlighted global uncertainties, including U.S. protectionist policies, geopolitical tensions, and slower Chinese demand, though worst-case tariff scenarios have not materialized.