Australia Consumer Price Index (CPI)

Country:
Australia
AUD, Australian Dollar
Sector:
Prices
Low 114.1 114.4
114.1
Last release Importance Actual Forecast
Previous
113.8
114.1
Next release Actual Forecast
Previous
  • Overview
  • Chart
  • History
  • Widget

Australia Consumer Price Index (CPI) measures a change in the prices of goods and services from the consumer perspective in relation to the base period (currently set to 2011/12). The index benchmark in the base year is set to 100. Thus, if the index value is 110 points, this means that prices have risen by 10% as compared to the base period.

The CPI is based on the evaluation of the prices of goods and services, included in a fixed basket based on average expenditure of metropolitan households. The basket consists of groups of goods and services, which account for a larger share of household expenditures. The basket contents is determined based on a sample survey of 8,000 households from 8 largest cities. Basket positions are ranked by weight significance. The basket currently consists of 11 groups, such as food and non-alcoholic beverages, health, clothing and footwear and others, which divided into 33 subgroups (for example: fruits and vegetables, footwear, medical and dental services) and 87 expenditure classes (fruit, beer, dental services, etc.).

Data on retail prices are collected from various outlets (supermarkets, hotels, stores, car dealerships, service industry companies) and online stores. The prices for CPI calculation include all taxes.

The index is used by the government and economists in the estimation of the Australian economy inflation. Consumer inflation is an important factor influencing the development of the country's economic and financial system. Also, the Reserve Bank of Australia analyzes the behavior of the consumer price index when adopting the interest rate decision. Therefore, the index growth can have a positive effect on the Australian dollar quotes.

Last values:

actual data

forecast

The chart of the entire available history of the "Australia Consumer Price Index (CPI)" macroeconomic indicator. The dashed line shows the forecast values ​​of the economic indicator for the specified dates.

A significant deviation of a real value from a forecast one may cause a short-term strengthening or weakening of a national currency in the Forex market. The threshold values ​​of the indicators signaling the approach of the critical state of the national (local) economy occupy a special place.

Date (GMT)
Reference
Actual
Forecast
Previous
1 Q 2019
114.1
114.4
114.1
4 Q 2018
114.1
113.9
113.5
3 Q 2018
113.5
113.2
113
2 Q 2018
113
112.8
112.6
1 Q 2018
112.6
112.4
112.1
4 Q 2017
112.1
111.6
111.4
3 Q 2017
111.4
110.7
2 Q 2017
110.7
110.5
1 Q 2017
110.5
110
4 Q 2016
110
109.4
3 Q 2016
109.4
108.6
2 Q 2016
108.6
108.2
1 Q 2016
108.2
108.4
4 Q 2015
108.4
108
3 Q 2015
108
107.5
2 Q 2015
107.5
106.8
1 Q 2015
106.8
106.6
4 Q 2014
106.6
106.4
3 Q 2014
106.4
105.9
2 Q 2014
105.9
105.4
1 Q 2014
105.4
104.8
4 Q 2013
104.8
104
3 Q 2013
104
102.8
2 Q 2013
102.8

Economic calendar widget for your website

Create your own calendar of economic events. To do this, simply specify its size and display period. You can freely use this widget on your websites. In return, we ask you to keep the provided code unchanged.

The Calendar data are provided as is. The economic news release frequency and schedule, as well as the economic parameters' values may change without our knowledge. You can use the provided information, but you accept all the risks associated with making trade decisions based on the Calendar data.

Display area

Widget type

Display information

Default calendar period

Widget language

Date format

Your embed code

Copy widget codeCopied

Preview