Australia’s annual inflation climbed to 3.8% in December 2025 from November's 3-month low of 3.4%, surpassing market forecasts of 3.6% and remaining above the RBA’s 2–3% target. Services inflation hit a two-year high (4.1% vs. 3.6% in Q3), driven by year-end holiday travel and accommodation, as well as elevated rents. Meanwhile, goods inflation edged higher (3.4% vs 3.3%), due to a faster rise in electricity cost (21.5% vs 19.7%) as some state rebates expired. Price pressures remained broad-based, with continued increases in food and non-alcoholic drinks (3.4% vs 3.3%), alcohol and tobacco (4.9% vs 4.3%), clothing (3.4% vs 5.1%), furnishings (2.0% vs 1.3%), health (3.6% vs 3.6%), transport (1.6% vs 2.7%), communication (1.1% vs 1.3%), recreation (4.4% vs 3.0%), education (5.4% vs 5.4%), and financial services (2.5% vs 2.5%). The trimmed mean CPI inched up to 3.3% yoy from the prior 3.2%, in line with estimates. Monthly, the CPI rose 1.0%, picking up from a flat print in November. source: Australian Bureau of Statistics

Inflation Rate in Australia increased to 3.80 percent in December from 3.40 percent in November of 2025. Inflation Rate in Australia averaged 4.88 percent from 1949 until 2025, reaching an all time high of 23.90 percent in December of 1951 and a record low of -1.30 percent in June of 1962. This page provides the latest reported value for - Australia Inflation Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Australia Inflation Rate - data, historical chart, forecasts and calendar of releases - was last updated on February of 2026.

Inflation Rate in Australia increased to 3.80 percent in December from 3.40 percent in November of 2025. Inflation Rate in Australia is expected to be 3.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Australia Inflation Rate is projected to trend around 2.30 percent in 2027 and 2.20 percent in 2028, according to our econometric models.



Calendar GMT Reference Actual Previous Consensus TEForecast
2026-01-07 12:30 AM
Inflation Rate YoY
Nov 3.4% 3.8% 3.7% 3.8%
2026-01-28 12:30 AM
Inflation Rate YoY
Dec 3.8% 3.4% 3.6% 3.6%
2026-02-25 12:30 AM
Inflation Rate YoY
Jan 3.8%

Components Last Previous Unit Reference
Food Inflation 3.40 3.30 percent Dec 2025

Related Last Previous Unit Reference
CPI 100.97 99.70 points Dec 2025
Core Consumer Prices 105.48 105.24 points Dec 2025
RBA Trimmed Mean CPI YoY 3.30 3.20 percent Dec 2025
CPI Clothing and Footwear 98.20 99.04 percent Dec 2025
CPI Education 100.05 100.04 percent Dec 2025
CPI Food and Non-Alcoholic Beverages 100.91 100.53 percent Dec 2025
CPI Housing Utilities 100.42 100.28 points Dec 2025
CPI Recreation and Culture 106.05 98.77 percent Dec 2025
CPI Transportation 100.62 100.58 points Dec 2025
Export Prices 157.80 152.90 points Dec 2025
GDP Deflator 104.30 102.90 points Sep 2025
Import Prices 135.40 134.20 points Dec 2025
Inflation Rate YoY 3.80 3.40 percent Dec 2025
Inflation Rate MoM 1.00 0.00 percent Dec 2025
Producer Prices 137.70 136.60 points Dec 2025
PPI YoY 3.50 3.50 percent Dec 2025
RBA Trimmed Mean CPI MoM 0.20 0.30 percent Dec 2025
RBA Trimmed Mean CPI QoQ 0.90 1.00 percent Dec 2025
Quarterly RBA Trimmed Mean CPI YoY 3.40 3.00 percent Dec 2025
RBA Weighted Median CPI 0.20 0.30 percent Dec 2025
RBA Weighted Median CPI YoY 3.60 3.50 percent Dec 2025


Australia Inflation Rate
In Australia, the most important categories in the consumer price index are housing (23 percent of the total weight), food and non–alcoholic beverages (17 percent), transport (11 percent), furnishings, household equipment and services (9 percent), alcohol and tobacco (9 percent), recreation and culture (9 percent), health (7 percent) and insurance and financial services (6 percent). Clothing and footwear, education and communication account for remaining 10 percent of total weight.
Actual Previous Highest Lowest Dates Unit Frequency
3.80 3.40 23.90 -1.30 1949 - 2025 percent Monthly
NSA

News Stream
Australia Inflation Rate Above Forecasts
Australia’s annual inflation climbed to 3.8% in December 2025 from November's 3-month low of 3.4%, surpassing market forecasts of 3.6% and remaining above the RBA’s 2–3% target. Services inflation hit a two-year high (4.1% vs. 3.6% in Q3), driven by year-end holiday travel and accommodation, as well as elevated rents. Meanwhile, goods inflation edged higher (3.4% vs 3.3%), due to a faster rise in electricity cost (21.5% vs 19.7%) as some state rebates expired. Price pressures remained broad-based, with continued increases in food and non-alcoholic drinks (3.4% vs 3.3%), alcohol and tobacco (4.9% vs 4.3%), clothing (3.4% vs 5.1%), furnishings (2.0% vs 1.3%), health (3.6% vs 3.6%), transport (1.6% vs 2.7%), communication (1.1% vs 1.3%), recreation (4.4% vs 3.0%), education (5.4% vs 5.4%), and financial services (2.5% vs 2.5%). The trimmed mean CPI inched up to 3.3% yoy from the prior 3.2%, in line with estimates. Monthly, the CPI rose 1.0%, picking up from a flat print in November.
2026-01-28
Australia Inflation Rate Hits 3-Month Low
Australia’s annual inflation slowed to 3.4% in November 2025 from 3.8% in October, below market forecasts of 3.7%, and remained above the RBA’s 2–3% target. It marked the lowest inflation since August, with housing prices rising at the slowest pace in three months (5.2% vs 5.9%) amid easing electricity prices (19.7% vs 37.1%) following the expiry of government rebates. Prices also moderated for alcohol and tobacco (4.3% vs 4.4%), clothing (5.1% vs 5.4%), furnishings (1.3% vs 2.1%), health (3.6% vs 4.0%), and recreation (2.0% vs 3.2%). Inflation was steady for transport (2.7%), education (5.4%), and financial services (2.5%), while food inflation (3.3% vs 3.2%) and communication (1.3% vs 0.8%) both accelerated. Trimmed mean CPI eased to 3.2% yoy from October’s 8-month high of 3.3%. Monthly, the CPI was flat. Since last November, Australia has transitioned from the quarterly CPI to the full monthly series as its primary gauge of inflation, with the series extending back to April 2024.
2026-01-07
Australia Inflation Rate Exceeds Forecasts
Australia’s annual inflation rose to 3.8% in October 2025 from a September reading that aligned with market forecasts of 3.6%, remaining beyond the RBA’s 2–3% target. In the first full monthly CPI report from the Australian Bureau of Statistics, electricity prices accelerated (37.1% vs 33.9% in September) after the expiry of government rebates, while food inflation stayed elevated (3.2% vs 3.2%). Prices also continued to increase for alcohol & tobacco (4.4% vs 5.5%), clothing (5.4% vs 3.8%), furnishings (2.1% vs 1.8%), health (4.0% vs 4.2%), transport (2.7% vs 2.3%), communications (0.8% vs 1.6%), recreation (3.2% vs 1.8%), education (5.4% vs 5.4%), and financial services (2.5% vs 2.5%). The RBA’s trimmed mean CPI rose to 3.3% yoy, topping the 3% consensus. Monthly, the CPI was flat after a 0.5% gain in September. Wednesday’s print marked Australia’s transition from the quarterly CPI to the full monthly one as a primary gauge of inflation, with the series extending back to April 2024.
2025-11-26