The RBA trimmed mean CPI in Australia rose 3.6% year-on-year in May 2026, picking up from a 3.4% gain in the previous month and exceeding market expectations of a 3.5% increase. This marks the the highest reading since September 2024. source: Australian Bureau of Statistics
Core Inflation Rate in Australia averaged 3.59 percent from 1983 until 2026, reaching an all time high of 10.70 percent in March of 1983 and a record low of 1.10 percent in March of 2021. This page provides - Australia Core Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Australia RBA Trimmed Mean CPI YoY - data, historical chart, forecasts and calendar of releases - was last updated on June of 2026.
Core Inflation Rate in Australia is expected to be 3.90 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Australia RBA Trimmed Mean CPI YoY is projected to trend around 2.50 percent in 2027 and 2.00 percent in 2028, according to our econometric models.