The Consumer Price Index in Australia decreased 1.90 percent in June of 2020 over the previous quarter.
Inflation Rate Mom in Australia averaged 1.20 percent from 1950 until 2020, reaching an all time high of 7.55 percent in the fourth quarter of 1951 and a record low of -1.90 percent in the second quarter of 2020. This page provides - Australia Inflation Rate QoQ - actual values, historical data, forecast, chart, statistics, economic calendar and news. Australia Inflation Rate QoQ - data, historical chart, forecasts and calendar of releases - was last updated on August of 2020. source: Australian Bureau of Statistics
Inflation Rate Mom 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 Inflation Rate Mom in Australia to stand at -0.90 in 12 months time. In the long-term, the Australia Inflation Rate QoQ is projected to trend around 0.70 percent in 2021 and 0.60 percent in 2022, according to our econometric models.