Australia: Inflation, monthly
* indicates monthly or quarterly data series
The most recent value is 1.02 percent as of Q2 2024, an increase compared to the previous value of 0.96 percent. Historically, the average for Australia from Q2 1960 to Q2 2024 is 1.15 percent. The minimum of -1.89 percent was recorded in Q2 2020, while the maximum of 6.08 percent was reached in Q4 1976.
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* indicates monthly or quarterly data series
- Measure: percent
- Source: Australian Bureau of Statistics
| Recent values | Australia: Inflation, monthly percent change in the CPI |
|---|---|
| 2024 Q2 | 1.02 |
| 2024 Q1 | 0.96 |
| 2023 Q4 | 0.59 |
| 2023 Q3 | 1.2 |
| 2023 Q2 | 0.83 |
| 2023 Q1 | 1.38 |
| 2022 Q4 | 1.87 |
| 2022 Q3 | 1.82 |
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Definition: The percentage change in the CPI from one month to the next.
| Related indicators | Latest | Reference | Measure |
|---|---|---|---|
| Inflation | 5.6 | 2023 | percent |
| Exchange rate regimes | 7 | 2021 | index points |
| USD exchange rate | 1.4771 | 9/2024 | Local Currency Units per USD |
| Money supply (broad money) | 3,024.08 | 6/2024 | billion |
| Consumer Price Index (CPI) | 138.8000 | Q2/2024 | index points |
| Inflation, monthly | 1.02 | Q2/2024 | percent |
| Inflation, annual | 3.81 | Q2/2024 | percent |
| Private sector credit | 3,338.22 | 6/2024 | billion |
| Business credit | 1,055.54 | 6/2024 | billion |
| Household credit | 2,282.68 | 6/2024 | billion |
| Mortgage credit | 2,186.45 | 6/2024 | billion |
| Consumer credit | 96.23 | 6/2024 | billion |
| Deposit interest rate | 4.55 | 6/2024 | percent |
| Business credit interest rate | 9.90 | 6/2024 | percent |
| Mortgage credit interest rate | 7.74 | 6/2024 | percent |
| Policy rate | 4.35 | 8/2024 | percent |
| Household debt to GDP | 110.30 | 3/2024 | percent |
| Debt service ratios for private non-financial sector | 20.90 | Q1/2024 | percent |