Consumer prices in Australia rose 0.4% month-on-month in April 2026, slowing sharply from a seven-month high gain of 1.1% in March and coming in below the expected 0.6% increase. This was partly due to a decline in automotive fuel prices following the reduction of the fuel excise from 52.6 cents per litre to 20.6 cents per litre on April 1. source: Australian Bureau of Statistics
The Consumer Price Index in Australia increased 0.40 percent in April of 2026 over the previous month. Inflation Rate MoM in Australia averaged 0.28 percent from 2024 until 2026, reaching an all time high of 1.30 percent in July of 2025 and a record low of -0.50 percent in May of 2025. This page provides - Australia Inflation Rate QoQ - actual values, historical data, forecast, chart, statistics, economic calendar and news. Australia Inflation Rate MoM - data, historical chart, forecasts and calendar of releases - was last updated on May of 2026.
The Consumer Price Index in Australia increased 0.40 percent in April of 2026 over the previous month. Inflation Rate MoM in Australia is expected to be 0.50 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 MoM is projected to trend around 0.40 percent in 2027, according to our econometric models.