The inflation Rate in Australia increased to 1.90 percent in the fourth quarter from 1.80 percent in the third quarter of 2022, marking the fourth consecutive quarter to show a rise greater than any seen since the introduction of the Goods and Services Tax in 2000. source: Australian Bureau of Statistics

Inflation Rate MoM in Australia averaged 1.20 percent from 1950 until 2022, 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 March of 2023.

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. In the long-term, the Australia Inflation Rate QoQ is projected to trend around 0.70 percent in 2024 and 0.50 percent in 2025, according to our econometric models.

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Australia Inflation Rate QoQ

Calendar GMT Actual Previous Consensus TEForecast
2022-10-26 12:30 AM Q3 1.8% 1.8% 1.6% 1.1%
2023-01-25 12:30 AM Q4 1.9% 1.8% 1.6% 1.5%
2023-04-26 01:30 AM Q1 1.9% 1.2%

Related Last Previous Unit Reference
Inflation Rate 7.80 7.30 percent Dec 2022
Inflation Rate MoM 1.90 1.80 percent Dec 2022
Consumer Price Index CPI 130.80 128.40 points Dec 2022
Core Inflation Rate 6.90 6.10 percent Dec 2022
Core Consumer Prices 129.11 126.95 points Dec 2022
GDP Deflator 113.62 111.83 points Dec 2022
Producer Prices 123.20 122.30 points Dec 2022
Producer Prices Change 5.80 6.40 percent Dec 2022
Export Prices 181.90 183.50 points Dec 2022
Import Prices 138.40 135.90 points Dec 2022
Food Inflation 9.20 9.00 percent Dec 2022
CPI Transportation 125.90 123.80 points Dec 2022
CPI Housing Utilities 139.00 136.40 points Dec 2022

Australia Inflation Rate QoQ
Inflation Rate MoM measures month over month change in the price of goods and services.
Actual Previous Highest Lowest Dates Unit Frequency
1.90 1.80 7.55 -1.90 1950 - 2022 percent Quarterly