Core consumer prices in Australia increased 1.60 percent in December of 2019 over the same month in the previous year. Australia Trimmed Mean Inflation Rate - data, historical chart, and calendar of releases - was last updated on February of 2020 from its official source.

Core Inflation Rate in Australia averaged 3.61 percent from 1983 until 2019, reaching an all time high of 10.70 percent in the first quarter of 1983 and a record low of 1.60 percent in the first quarter of 1998. This page provides - Australia Core Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. source: Australian Bureau of Statistics

Core Inflation Rate in Australia is expected to be 1.70 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 1.90 in 12 months time. In the long-term, the Australia Trimmed Mean Inflation Rate is projected to trend around 1.90 percent in 2021 and 2.10 percent in 2022, according to our econometric models.


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Australia Trimmed Mean Inflation Rate

Actual Previous Highest Lowest Dates Unit Frequency
1.60 1.60 10.70 1.60 1983 - 2019 percent Quarterly
2011-2012=100; NSA


Calendar GMT Actual Previous Consensus TEForecast
2019-04-24 01:30 AM RBA Trimmed Mean CPI YoY Q1 1.6% 1.8% 1.7% 1.7%
2019-07-31 01:30 AM RBA Trimmed Mean CPI YoY Q2 1.6% 1.6% 1.5% 1.6%
2019-10-30 12:30 AM RBA Trimmed Mean CPI YoY Q3 1.6% 1.6% 1.6% 1.6%
2020-01-29 12:30 AM RBA Trimmed Mean CPI YoY Q4 1.6% 1.6% 1.5% 1.6%
2020-04-24 01:30 AM RBA Trimmed Mean CPI YoY Q1 1.6% 1.7%
2020-07-31 01:30 AM RBA Trimmed Mean CPI YoY Q2 1.9%
2020-10-30 12:30 AM RBA Trimmed Mean CPI YoY Q3 1.8%


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.