Australia Inflation Rate

How much consumer prices are rising compared with a year ago.

3.9%

−0.2pp vs Q1 2026

Q2 2026 · Quarterly data

Not seasonally adjusted

Matches the latest releaseNot refreshed recently, awaiting the next release

Explore the full Australia economy15 live indicators on one dashboard, from growth and prices to jobs, trade and public finances. Updated automatically from official sources.

Inflation Rate

Q1 2015 to Q2 2026

Source: OECD live prices system · CPI, all items, year on year, quarterly.

Australia Inflation Rate in context

Worked out from the published series shown above.

In Australia, the inflation rate rose by 1.8pp over the year to Q2 2026, from 2.1% in Q2 2025.

Over the past five years it has ranged from 2.1% in Q2 2025 to 7.9% in Q4 2022.

Its average since Q1 2015 is 2.8%, and the latest reading is above that.

Australia is 26th of 62 countries in our Inflation Rate by Country ranking.

How this series is defined

Everything you need to check the figure against the source.

Source
OECD
Series
live
Frequency
Quarterly
Unit
%
Seasonal adjustment
Not seasonally adjusted
Latest observation
Q2 2026
Revision status
Latest published estimate, subject to revision

The Reserve Bank of Australia targets 2-3% inflation. Quarterly, matching the ABS's own primary official CPI release (the ABS also publishes an experimental monthly figure, which this doesn't use).

Data refreshed 2026-10-28. Figures are the latest published observations and can be revised.

More Australia indicators

Latest readings. Open any one for its full history.

Rankings

See every country we track, side by side.