Core consumer prices in Australia increased 1.20 percent in December of 2020 over the same month in the previous year. source: Australian Bureau of Statistics

Core Inflation Rate in Australia averaged 3.54 percent from 1983 until 2020, reaching an all time high of 10.70 percent in the first quarter of 1983 and a record low of 1.20 percent in the second quarter of 2020. This page provides - Australia Core Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Australia Trimmed Mean Inflation Rate - data, historical chart, forecasts and calendar of releases - was last updated on February of 2021.

Core Inflation Rate 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 Core Inflation Rate in Australia to stand at 1.40 in 12 months time. In the long-term, the Australia Trimmed Mean Inflation Rate is projected to trend around 1.80 percent in 2022, according to our econometric models.

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Australia Trimmed Mean Inflation Rate

Actual Previous Highest Lowest Dates Unit Frequency
1.20 1.20 10.70 1.20 1983 - 2020 percent Quarterly
2011-2012=100; SA


Calendar GMT Actual Previous Consensus TEForecast
2020-04-29 01:30 AM RBA Trimmed Mean CPI YoY Q1 1.8% 1.6% 1.6% 1.6%
2020-07-29 01:30 AM RBA Trimmed Mean CPI YoY Q2 1.2% 1.8% 1.4% 1.4%
2020-10-28 12:30 AM RBA Trimmed Mean CPI YoY Q3 1.2% 1.2% 1.1% 1.1%
2021-01-27 12:30 AM RBA Trimmed Mean CPI YoY Q4 1.2% 1.2% 1.2%
2021-04-28 01:30 AM RBA Trimmed Mean CPI YoY Q1
2021-07-29 01:30 AM RBA Trimmed Mean CPI YoY Q2
2021-10-28 12:30 AM RBA Trimmed Mean CPI YoY Q3
Go to our Calendar for more events. Or learn more about the Calendar API for direct access.

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 112.30 111.70 112.60 70.70 points [+]
Producer Prices Change -0.10 -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 Trimmed Mean Inflation Rate
In Australia, the core inflation rate tracks changes in prices that consumers pay for a basket of goods which excludes some volatile price items.