GDP Deflator in Australia increased to 102.03 points in the third quarter of 2020 from 101.64 points in the second quarter of 2020. source: Australian Bureau of Statistics

GDP Deflator in Australia averaged 45.97 points from 1959 until 2020, reaching an all time high of 102.10 points in the first quarter of 2020 and a record low of 6.01 points in the third quarter of 1959. This page provides - Australia GDP Deflator - actual values, historical data, forecast, chart, statistics, economic calendar and news. Australia GDP Deflator - data, historical chart, forecasts and calendar of releases - was last updated on January of 2021.

GDP Deflator in Australia is expected to be 102.35 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate GDP Deflator in Australia to stand at 104.07 in 12 months time. In the long-term, the Australia GDP Deflator is projected to trend around 104.29 points in 2021 and 106.48 points in 2022, according to our econometric models.

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Australia GDP Deflator

Actual Previous Highest Lowest Dates Unit Frequency
102.03 101.64 102.10 6.01 1959 - 2020 points Quarterly
2018-19=100, SA


Calendar GMT Actual Previous Consensus TEForecast
2020-03-04 12:30 AM Q4 -0.8% 0.7%
2020-06-03 01:30 AM Q1 1.1% -0.8%
2020-09-02 01:30 AM Q2 -0.6% 1.1%
2020-12-02 12:30 AM Q3 0.4% -0.4%

Australia Prices Last Previous Highest Lowest Unit
Inflation Rate 0.90 0.70 23.90 -1.30 percent [+]
Inflation Rate Mom 0.90 1.60 7.55 -1.90 percent [+]
Consumer Price Index CPI 117.20 116.20 117.20 4.20 points [+]
Core Consumer Prices 117.99 117.49 117.99 75.45 points [+]
Core Inflation Rate 1.20 1.20 10.70 1.20 percent [+]
GDP Deflator 102.03 101.64 102.10 6.01 points [+]
Producer Prices 111.70 111.20 112.60 70.70 points [+]
Producer Prices Change -0.40 -0.40 6.30 -1.50 percent [+]
Export Prices 109.10 103.40 114.80 16.30 points [+]
Import Prices 105.90 107.00 116.30 51.50 points [+]
Food Inflation 2.30 3.40 20.60 -3.20 percent [+]
Inflation Expectations 3.40 3.50 8.60 2.80 percent [+]
CPI Housing Utilities 120.80 121.50 122.30 10.30 points [+]
CPI Transportation 103.60 102.70 108.60 11.30 points [+]


Australia GDP Deflator
In Australia, implicit price deflator (IPD) is obtained by dividing a current price value by its real counterpart (the chain volume measure). When calculated from the major national accounting aggregates, such as gross domestic product, IPDs relate to a broader range of goods and services in the economy than that represented by any of the individual price indexes published by the Australian Bureau of Statistics. Movements in an implicit price deflator reflect both changes in price and changes in the composition of the aggregate for which the deflator is calculated.