Core consumer prices in Australia increased 1.20 percent in June of 2020 over the same month in the previous year.
Core Inflation Rate in Australia averaged 3.58 percent from 1983 until 2020, reaching an all time high of 10.70 percent in the first quarter of 1983 and a record low of 1.20 percent in the second 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 August of 2020. source: Australian Bureau of Statistics
Core Inflation Rate in Australia is expected to be 1.20 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Core Inflation Rate in Australia to stand at 1.20 in 12 months time. In the long-term, the Australia Trimmed Mean Inflation Rate is projected to trend around 1.40 percent in 2021 and 1.80 percent in 2022, according to our econometric models.