Australian inflation rate
Australia inflation summary for March 2023
Updated: April 26, 2023
Next update: July 26, 2023
Current Australia inflation rate
March 2023
7.0%
The Consumer Price Index for Australia is 132.6 for the month of March 2023. The inflation rate year over year is 7.0% (compared to 0.0% for the previous quarter). Inflation from December 2022 to March 2023 was 1.4%.
Previous Australia Inflation Rate
December 2022 to March 2023
1.4%
Quarter-to-Quarter Australia Inflation Rate
December 2022
0.0%
Recent inflation rates for Australia
| Year | mar | jun | sep | dec | Annual |
|---|---|---|---|---|---|
| 2023 | 7.0% | ||||
| 2022 | 5.1% | 6.1% | 7.3% | 7.8% | 6.6% |
| 2021 | 1.1% | 3.8% | 3.0% | 3.5% | 2.9% |
| 2020 | 2.2% | -0.3% | 0.7% | 0.9% | 0.8% |
| 2019 | 1.3% | 1.6% | 1.7% | 1.8% | 1.6% |
Additional resources
All inflation rates are calculated using the Australia Consumer Price Index (CPI) series.