Core consumer prices in Australia increased 4.90 percent in June of 2022 over the same month in the previous year. source: Australian Bureau of Statistics

Core Inflation Rate in Australia averaged 3.51 percent from 1983 until 2022, reaching an all time high of 10.70 percent in the first quarter of 1983 and a record low of 1.10 percent in the third quarter of 2020. This page provides - Australia Core Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Australia Trimmed Mean Inflation Rate - data, historical chart, forecasts and calendar of releases - was last updated on September of 2022.

Core Inflation Rate in Australia is expected to be 5.40 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Australia Trimmed Mean Inflation Rate is projected to trend around 2.60 percent in 2023 and 1.80 percent in 2024, according to our econometric models.

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Australia Trimmed Mean Inflation Rate

Calendar GMT Actual Previous Consensus TEForecast
2022-04-27 01:30 AM Q1 3.7% 2.6% 3.4%
2022-07-27 01:30 AM Q2 4.9% 3.7% 4.7% 4.6%
2022-10-26 12:30 AM Q3 4.9%

Related Last Previous Unit Reference
Inflation Rate 6.10 5.10 percent Jun 2022
Inflation Rate MoM 1.80 2.10 percent Jun 2022
Consumer Price Index CPI 126.10 123.90 points Jun 2022
Core Inflation Rate 4.90 3.70 percent Jun 2022
Core Consumer Prices 124.51 122.72 points Jun 2022
GDP Deflator 114.30 110.60 points Jun 2022
Producer Prices 120.00 118.30 points Jun 2022
Producer Prices Change 5.60 4.90 percent Jun 2022
Export Prices 190.40 173.00 points Jun 2022
Import Prices 132.00 126.60 points Jun 2022
Food Inflation 5.90 4.30 percent Jun 2022
CPI Transportation 124.30 121.50 points Jun 2022
CPI Housing Utilities 132.20 129.00 points Jun 2022

Australia Trimmed Mean Inflation Rate
In Australia, the Trimmed mean is calculated as the weighted mean of the central 70 percent of the quarterly price change distribution of all CPI components, with the annual rates based on compounded quarterly calculations.
Actual Previous Highest Lowest Dates Unit Frequency
4.90 3.70 10.70 1.10 1983 - 2022 percent Quarterly
2011-2012=100; SA