Australia’s annual inflation rate accelerated to 4.3% in September 2026 from 4.0% in August, above market expectations of 4.2%, marking the highest rate since March. The reading also moved further above the central bank’s 2–3% target range. Transport inflation accelerated to a six-month high of 8.7% from 5.6%, driven by higher automotive fuel prices, which surged 23.6%, marking the fastest increase in six months amid rising global oil prices. Meanwhile, inflation for food and non-alcoholic beverages accelerated to 3.2%, while inflation for recreation and culture rose to 4.5%. Meanwhile, housing inflation eased to 5.2% from 5.7% in August, though it remained the largest contributor to inflation. The trimmed mean CPI rose to 3.6% yoy from 3.5%, in line with forecasts, while the weighted median eased to 3.4% from 3.6%. On a monthly basis, the CPI increased by 0.8%, exceeding expectations of a 0.7% rise and accelerating from a 0.4% gain in August to mark its largest increase in six months. source: Australian Bureau of Statistics

Inflation Rate in Australia increased to 4.30 percent in September from 4 percent in August of 2026. Inflation Rate in Australia averaged 3.51 percent from 2025 until 2026, reaching an all time high of 4.60 percent in March of 2026 and a record low of 1.90 percent in June of 2025. This page provides the latest reported value for - Australia Inflation Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Australia Inflation Rate - data, historical chart, forecasts and calendar of releases - was last updated on October of 2026.

Inflation Rate in Australia increased to 4.30 percent in September from 4 percent in August of 2026. Inflation Rate in Australia is expected to be 3.70 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 is projected to trend around 2.40 percent in 2027 and 2.20 percent in 2028, according to our econometric models.



Calendar GMT Reference Actual Previous Consensus TEForecast
2026-09-30 01:30 AM
Inflation Rate YoY
Aug 4.0% 3.5% 4.1% 4.0%
2026-10-28 12:30 AM
Inflation Rate YoY
Sep 4.3% 4.0% 4.2% 4.1%
2026-11-25 12:30 AM
Inflation Rate YoY
Oct 4.3% 4.6%



Components Last Previous Unit Reference
Food Inflation 3.20 3.00 percent Sep 2026

Related Last Previous Unit Reference
CPI 104.34 103.50 points Sep 2026
Core Consumer Prices 108.39 108.11 points Sep 2026
RBA Trimmed Mean CPI YoY 3.60 3.50 percent Sep 2026
CPI Clothing and Footwear 100.44 103.24 points Sep 2026
CPI Education 104.70 104.66 points Sep 2026
CPI Food and Non-Alcoholic Beverages 103.21 103.25 points Sep 2026
CPI Health 103.70 103.98 points Sep 2026
CPI Housing Utilities 105.22 104.88 points Sep 2026
CPI Recreation and Culture 104.46 100.67 points Sep 2026
CPI Transportation 108.73 105.52 points Sep 2026
Export Prices 162.50 160.30 points Sep 2026
GDP Deflator 106.20 105.80 points Jun 2026
Import Prices 141.60 143.20 points Sep 2026
Inflation Rate YoY 4.30 4.00 percent Sep 2026
Inflation Rate MoM 0.80 0.40 percent Sep 2026
Melbourne Quarterly CPI 103.24 101.96 points Sep 2026
Producer Prices 140.00 138.20 points Jun 2026
PPI YoY 3.60 3.00 percent Jun 2026
Quarterly CPI 103.64 102.31 points Sep 2026
Quarterly Inflation Rate QoQ 1.30 0.60 percent Sep 2026
Quarterly Inflation Rate YoY 3.90 3.90 percent Sep 2026
RBA Trimmed Mean CPI MoM 0.30 0.20 percent Sep 2026
RBA Trimmed Mean CPI QoQ 1.00 0.80 percent Sep 2026
Quarterly RBA Trimmed Mean CPI YoY 3.70 3.60 percent Sep 2026
RBA Weighted Median CPI 0.20 0.30 percent Sep 2026
RBA Weighted Median CPI YoY 3.40 3.60 percent Sep 2026


Australia Inflation Rate
In Australia, the most important categories in the consumer price index are housing (23 percent of the total weight), food and non–alcoholic beverages (17 percent), transport (11 percent), furnishings, household equipment and services (9 percent), alcohol and tobacco (9 percent), recreation and culture (9 percent), health (7 percent) and insurance and financial services (6 percent). Clothing and footwear, education and communication account for remaining 10 percent of total weight.
Actual Previous Highest Lowest Dates Unit Frequency
4.30 4.00 4.60 1.90 2025 - 2026 percent Monthly
NSA

News Stream
Australia Inflation Rate Hits 6-Month High
Australia’s annual inflation rate accelerated to 4.3% in September 2026 from 4.0% in August, above market expectations of 4.2%, marking the highest rate since March. The reading also moved further above the central bank’s 2–3% target range. Transport inflation accelerated to a six-month high of 8.7% from 5.6%, driven by higher automotive fuel prices, which surged 23.6%, marking the fastest increase in six months amid rising global oil prices. Meanwhile, inflation for food and non-alcoholic beverages accelerated to 3.2%, while inflation for recreation and culture rose to 4.5%. Meanwhile, housing inflation eased to 5.2% from 5.7% in August, though it remained the largest contributor to inflation. The trimmed mean CPI rose to 3.6% yoy from 3.5%, in line with forecasts, while the weighted median eased to 3.4% from 3.6%. On a monthly basis, the CPI increased by 0.8%, exceeding expectations of a 0.7% rise and accelerating from a 0.4% gain in August to mark its largest increase in six months.
2026-10-28
Australia Inflation Rate Picks Up to 4%
Australia’s annual inflation rate accelerated to 4.0% in August 2026 from 3.5% in July, slightly below market expectations of 4.1%, marking the highest rate in three months. The reading also moved further above the central bank’s 2-3% target range. Housing inflation rose to 5.7% from 5.0% in July, while transport inflation accelerated to 5.6% from 1.6%, driven by higher automotive fuel prices and the unwinding of the remaining federal government fuel excise relief measures in August. Meanwhile, food and non-alcoholic beverages inflation eased to 3.0% from 3.2%, while clothing and footwear inflation stood at 2.6%. The trimmed mean CPI was unchanged at 3.6% year-on-year, remaining at its highest level since September 2024 and in line with forecasts, while the weighted median also held at 3.6%. On a monthly basis, the CPI rose 0.4%, below expectations of a 0.5% gain and slowing from a 1.0% increase in July.
2026-09-30
Australia Inflation Rate Tops Forecasts
The annual inflation rate in Australia slowed to 3.5% in July 2026 from 3.8% in June, but remained above both expectations of 3.3% and the central bank's 2–3% target range. It was the softest increase since November 2025, as goods inflation moderated to an eleven-month low of 3.2%, while services inflation also eased to 3.7% from 4.0%. Housing inflation eased to an 11-month low of 5.0% (vs 6.8% in June), with electricity prices rising the least in four months. Inflation also eased for food and non-alcoholic beverages (3.2% vs 3.3%). Meanwhile, inflation accelerated for transport (1.6% vs 0.1%), while furnishing inflation remained steady at 1.6%. The trimmed mean CPI stood at 3.6% yoy, still the highest since September 2024 and above expectations of 3.5%, while the weighted median CPI rose 3.6%, after a 3.7% rise in June. On a monthly basis, the CPI rose 1.0%, marking the first monthly increase and the fastest pace in four months, surpassing expectations of a 0.8% rise.
2026-08-26