Australia: Inflation, annual
* indicates monthly or quarterly data series
The most recent value is 2.81 percent as of Q3 2024, a decline compared to the previous value of 3.81 percent. Historically, the average for Australia from Q1 1961 to Q3 2024 is 4.71 percent. The minimum of -1.27 percent was recorded in Q2 1962, while the maximum of 17.69 percent was reached in Q1 1975.
Click on the following link to see the values of: Inflation, annual around the world.
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* indicates monthly or quarterly data series
- Measure: percent
- Source: Australian Bureau of Statistics
| Recent values | Australia: Inflation, annual percent change in the CPI |
|---|---|
| 2024 Q3 | 2.81 |
| 2024 Q2 | 3.81 |
| 2024 Q1 | 3.62 |
| 2023 Q4 | 4.05 |
| 2023 Q3 | 5.37 |
| 2023 Q2 | 6.03 |
| 2023 Q1 | 7.02 |
| 2022 Q4 | 7.83 |
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Definition: Percent change in the CPI from the same month last year.
| Related indicators | Latest | Reference | Measure |
|---|---|---|---|
| Inflation | 5.6 | 2023 | percent |
| Exchange rate regimes | 7 | 2022 | index points |
| USD exchange rate | 1.5308 | 11/2024 | Local Currency Units per USD |
| Money supply (broad money) | 3,075.43 | 9/2024 | billion |
| Consumer Price Index (CPI) | 139.1000 | Q3/2024 | index points |
| Inflation, monthly | 0.22 | Q3/2024 | percent |
| Inflation, annual | 2.81 | Q3/2024 | percent |
| Private sector credit | 3,380.02 | 9/2024 | billion |
| Business credit | 1,073.63 | 9/2024 | billion |
| Household credit | 2,306.39 | 9/2024 | billion |
| Mortgage credit | 2,211.67 | 9/2024 | billion |
| Consumer credit | 94.72 | 9/2024 | billion |
| Deposit interest rate | 4.25 | 9/2024 | percent |
| Business credit interest rate | 9.90 | 9/2024 | percent |
| Mortgage credit interest rate | 7.58 | 9/2024 | percent |
| Policy rate | 4.35 | 9/2024 | percent |
| Household debt to GDP | 110.30 | 3/2024 | percent |
| Debt service ratios for private non-financial sector | 20.90 | Q1/2024 | percent |