Australia Food Inflation - Forecast

Food Inflation in Australia is expected to be 1.60 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Food Inflation in Australia to stand at 1.50 in 12 months time. In the long-term, the Australia Food Inflation is projected to trend around 2.00 percent in 2020, according to our econometric models.


Forecast Data Chart
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Australia Prices Last Q3/18 Q4/18 Q1/19 Q2/19 2020
Inflation Rate 2.1 2.1 1.8 1.7 1.7 2.5
Inflation Rate Mom 0.4 0.6 0.4 0.4 0.5 1
Consumer Price Index CPI 113 114 115 115 115 121
Core Consumer Prices 114 115 115 116 116 120
Core Inflation Rate 1.9 1.9 1.9 1.82 1.83 2.1
GDP Deflator 106 107 107 107 108 111
Producer Prices 109 110 111 111 111 115
Producer Prices Change 1.5 2.2 1.9 1.7 1.8 1.9
Export Prices 96.5 96.2 94.78 93.27 92.78 94
Import Prices 110 110 110 109 109 106
Food Inflation 0.3 1.6 1.5 1.4 1.5 2
Inflation Expectations 4 4 3.9 4.1 4 3.9
CPI Housing Utilities 121 122 123 123 123 129
CPI Transportation 106 103 105 106 108 111