Consumer Price Index
April 28, 2021
Headline CPI rose by 0.6% in Q1 2021, much less than envisaged by the market consensus (0.9%).
Annual trimmed mean CPI inflation, the RBA’s favourite inflation gauge, declined to an all-time low of 1.1%.PDF Download PDF
January 27, 2021
The headline CPI (unadjusted) rose 0.9% in Q4 2020, slightly more than expected by market participants (0.7%).
Through the year, headline CPI also increased by 0.9% (market forecast 0.7%).
The RBA’s favourite inflation gauge, annual trimmed mean CPI inflation was 1.2% up over the year, still significantly below the RBA’s inflation target band.PDF Download PDF
October 28, 2017
Headline CPI rose 1.6% in Q3 2020, roughly in line with expectations. This followed the largest quarterly decline on record in Q2.
The largest contributor to the rise in CPI was childcare fees, which returned to pre-pandemic rate in early Q3.PDF Download PDF
July 29, 2020
Headline CPI (unadjusted) fell by 1.9% in Q2 2020, which was the largest quarterly fall in CPI on record.
The fall in the CPI resulted from free child care across all Australian states, free pre-school in New South Wales, Victoria and Queensland as well as a significant drop in petrol prices.PDF Download PDF
April 29, 2020
Inflation fell in Q1, yet slightly less than expectedPDF Download PDF
January 29, 2020
The headline CPI (unadjusted) rose by 0.7% in Q4 2019 against a 0.5% increase a quarter before.PDF Download PDF