Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Total for Australia

Index 2015=100, Not Seasonally Adjusted

AUSCPIALLQINMEI • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

130.67

Year-over-Year Change

13.56%

Date Range

7/1/1948 - 1/1/2025

Summary

The 'Index 2015=100, Not Seasonally Adjusted' trend measures the overall price level of consumer goods and services in Australia. It is a key indicator of inflation and consumer purchasing power.

Analysis & Context

This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.

Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.

About This Dataset

This index tracks the average change in prices paid by Australian consumers for a basket of goods and services. It is a widely-used benchmark for assessing the cost of living and guiding monetary policy decisions.

Methodology

The data is collected through surveys of Australian households and businesses.

Historical Context

Policymakers and economists closely monitor this index to understand broader inflationary pressures in the Australian economy.

Key Facts

  • Australia's CPI reached a high of 7.8% in Q4 2022.
  • Transport and housing are major contributors to the CPI basket.
  • The RBA targets an inflation rate of 2-3% per year.

FAQs

Q: What does this economic trend measure?

A: The 'Index 2015=100, Not Seasonally Adjusted' trend measures the overall price level of consumer goods and services in Australia.

Q: Why is this trend relevant for users or analysts?

A: This index is a key indicator of inflation and consumer purchasing power, making it highly relevant for policymakers, economists, and the general public.

Q: How is this data collected or calculated?

A: The data is collected through surveys of Australian households and businesses.

Q: How is this trend used in economic policy?

A: Policymakers and economists closely monitor this index to understand broader inflationary pressures and guide monetary policy decisions in the Australian economy.

Q: Are there update delays or limitations?

A: The data is published on a regular schedule with minimal delays, providing timely insights into Australia's consumer price dynamics.

Related Trends

Citation

U.S. Federal Reserve, Index 2015=100, Not Seasonally Adjusted (AUSCPIALLQINMEI), retrieved from FRED.