Inflation in Australia
Australia's consumer price inflation rate stood at 3.73% in February 2026, as measured by the year-over-year change in the Consumer Price Index (CPI). Source: Australian Bureau of Statistics (ABS).
At 3.7%, Australia's inflation rate is above the median of 2.2% among major economies tracked by WorldPulse. Among the G10 and major emerging markets, Brazil has the highest rate at 5.5%, while France has the lowest at 1.9%.
Series
6
With Data
6
Categories
1
Last Updated
2030-01-01
Australia Inflation Rate — Historical & Forecast
Source: au-inflation · Forecasts: Lucid Forecast, IMF World Economic Outlook
What Are the Latest Inflation Numbers for Australia?
| Indicator | Value | Date |
|---|---|---|
| au-cpi | 130.67 | 2025-01-01 |
| au-inflation | 3.73% | 2026-02-01 |
| au-inflation:forecast:lucid | 2.58% | 2028-02-01 |
| weo-aus-inflation | 2.50% | 2030-01-01 |
| au-inflation:forecast:imf | 2.50% | 2030-01-01 |
| weo-aus-inflation:forecast:lucid | 2.59% | 2028-01-01 |
Data available via API: GET /api/v1/topics/inflation/countries/au
Australia Headline Inflation
Other Series
Data Sources and Methodology
Australia inflation data on WorldPulse is sourced from Australian Bureau of Statistics (ABS) via automated data pipelines. Data is updated automatically as new CPI releases are published, typically on a quarterly basis.
All time series are point-in-time reconstructed: historical values reflect what was originally published, not retroactively revised figures. This is critical for backtesting and research applications where contamination-free data is required.
Frequently Asked Questions
What is the current inflation rate in Australia?
As of February 2026, Australia's annual inflation rate is 3.73%, as published by Australian Bureau of Statistics (ABS). This figure represents the year-over-year change in the Consumer Price Index (CPI), measuring how the average price of consumer goods and services has changed compared to the same month of the previous year. WorldPulse updates this data automatically as new official statistics are released.
What is Australia's inflation target?
Australia's central bank targets an inflation rate of 2–3% (Reserve Bank of Australia). Central banks use interest rate policy as their primary tool to keep inflation near this target. When inflation exceeds the target, the central bank typically raises interest rates to reduce borrowing and slow demand; when inflation falls below target, rates are lowered to stimulate economic activity.
How is inflation measured in Australia?
Inflation in Australia is primarily measured using the Consumer Price Index (CPI), which tracks the average price change of a fixed basket of consumer goods and services over time. Australian Bureau of Statistics (ABS) publishes CPI data covering categories such as food, housing, transportation, healthcare, and apparel. The year-over-year percentage change in CPI is the standard inflation rate reported in official statistics and media.
What drives inflation in Australia?
Inflation in Australia is influenced by both domestic and global factors. Domestic drivers include monetary policy (interest rates set by the central bank), fiscal spending, wage growth, and housing costs. Global factors include commodity prices (especially energy and food), supply chain conditions, and exchange rate movements. The IMF notes that "pass-through from global commodity prices to domestic inflation varies significantly across economies depending on their trade openness and exchange rate regime."
Where can I find historical inflation data for Australia?
WorldPulse provides free access to 6 Australia inflation time series, including headline CPI, core inflation, and producer prices. Historical data is available via the WorldPulse API and updated automatically from official statistical sources. All data is point-in-time reconstructed, meaning historical values reflect what was originally published rather than retroactively revised figures.
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Data Source
Official data published by Australian Bureau of Statistics (ABS). Retrieved and processed via WorldPulse automated pipeline.
API Access
# Inflation in Australia
GET /api/v1/topics/inflation/countries/au