Australia Monthly CPI Indicator

Australia's monthly Consumer Price Index (CPI) stood at 2.4% in March 2025, unchanged from the previous month and remaining at its lowest level since November 2024. Prices edged higher for food and non-alcoholic beverages (3.2% vs 3.1% in February), mainly driven by increased costs of meat and seafood and fruit and vegetables. In addition, prices ticked up for housing (2% vs 1.8%), health (4.1% vs 4%), recreation and culture (1.7% vs 1.4%), and education (5.7% vs 5.6%). Conversely, deflation in the transport sector worsened slightly (-1% vs -0.9%), driven by lower prices for automotive fuel, motor vehicles, and urban transport fares. Moreover, costs edged down for alcohol and tobacco (6.5% vs 6.7%) and clothing and footwear (1.7% vs 1.8%). Meanwhile, the annual trimmed mean inflation edged up to 2.9% from 2.7% in the previous month.