Australia’s annual inflation rate stood at 3.9% in Q3 2026, unchanged from the previous quarter and in line with market expectations. The reading remained well above the central bank’s 2–3% target, as fuel costs continued to rise. On a quarterly basis, consumer prices rose 1.3%, accelerating from 0.6% in the previous quarter and matching market forecasts. Meanwhile, the RBA’s preferred trimmed mean measure of core inflation accelerated to 3.7% year-on-year, up from 3.6% in the previous quarter and above market expectations, while rising 1.0% quarter-on-quarter, in line with market consensus. source: Australian Bureau of Statistics

Quarterly Inflation Rate YoY in Australia remained unchanged at 3.90 percent in the third quarter of 2026 from 3.90 percent in the second quarter of 2026. Quarterly Inflation Rate YoY in Australia averaged 4.91 percent from 1949 until 2026, reaching an all time high of 25.60 percent in the fourth quarter of 1951 and a record low of -0.70 percent in the second quarter of 1962. Australia Quarterly Inflation Rate YoY - values, historical data and charts - was last updated on November of 2026.



Calendar GMT Reference Actual Previous Consensus TEForecast
2026-07-29 01:30 AM
Quarterly Inflation Rate YoY
Q2 3.9% 4.1% 4.1% 4.2%
2026-10-28 12:30 AM
Quarterly Inflation Rate YoY
Q3 3.9% 3.9% 3.9% 3.9%


Related Last Previous Unit Reference
CPI 104.34 103.50 points Sep 2026
Core Consumer Prices 108.39 108.11 points Sep 2026
RBA Trimmed Mean CPI YoY 3.60 3.50 percent Sep 2026
Inflation Rate YoY 4.30 4.00 percent Sep 2026
Inflation Rate MoM 0.80 0.40 percent Sep 2026
Melbourne Quarterly CPI 103.24 101.96 points Sep 2026
Quarterly CPI 103.64 102.31 points Sep 2026
Quarterly Inflation Rate QoQ 1.30 0.60 percent Sep 2026
RBA Trimmed Mean CPI MoM 0.30 0.20 percent Sep 2026
RBA Trimmed Mean CPI QoQ 1.00 0.80 percent Sep 2026
Quarterly RBA Trimmed Mean CPI YoY 3.70 3.60 percent Sep 2026
RBA Weighted Median CPI 0.20 0.30 percent Sep 2026
RBA Weighted Median CPI YoY 3.40 3.60 percent Sep 2026


Australia Quarterly Inflation Rate YoY
Actual Previous Highest Lowest Dates Unit Frequency
3.90 3.90 25.60 -0.70 1949 - 2026 percent Quarterly
NSA

News Stream
Australia Q3 Inflation Steady at 3.9%
Australia’s annual inflation rate stood at 3.9% in Q3 2026, unchanged from the previous quarter and in line with market expectations. The reading remained well above the central bank’s 2–3% target, as fuel costs continued to rise. On a quarterly basis, consumer prices rose 1.3%, accelerating from 0.6% in the previous quarter and matching market forecasts. Meanwhile, the RBA’s preferred trimmed mean measure of core inflation accelerated to 3.7% year-on-year, up from 3.6% in the previous quarter and above market expectations, while rising 1.0% quarter-on-quarter, in line with market consensus.
2026-10-28
Australia Q2 Inflation Surprisingly Slows to 3.9%
The annual inflation rate in Australia eased to 3.9% in Q2 2026, defying market expectations that it would hold at an over two-year high of 4.1% in Q1. Still, it remained well above the central bank's 2-3% target. On a quarterly basis, consumer prices rose 0.6%, slowing from a 1.4% increase in the previous period and coming slightly below expectations for a 0.7% gain. Meanwhile, the trimmed mean measure of annual core inflation, which excludes the most volatile components such as fuel, edged up to 3.6% from 3.5%. The quarterly figure rose 0.8%, unchanged from the previous period but marginally below forecasts for a 0.9% increase.
2026-07-29
Australia Q1 Inflation Rate Highest Since 2023
The annual inflation rate in Australia climbed to 4.1% in Q1 2026 from 3.6% in the previous period but slightly below expectations of 4.2%. This marked the highest level since Q4 2023 and well above the central bank’s 2–3% target, as the war in the Middle East drove up energy costs. On a quarterly basis, consumer prices rose 1.4%, accelerating from a 0.6% gain in Q4 and marking the steepest increase since Q1 2023. Meanwhile, the trimmed mean measure of core inflation, which excludes the most volatile components such as fuel, edged up to 3.5% from 3.4%. The quarterly figure rose 0.8%, slightly below expectations of a 0.9% increase.
2026-04-29