The GDP Chain Price Index measures the change in prices for all goods and services included in Australia's Gross Domestic Product. Unlike the Consumer Price Index (CPI), which only tracks a basket of consumer goods, this index provides a broader view of inflation across the entire economy, including exports and government spending. It uses a chain-weighted method to account for changes in the composition of GDP over time. This makes it a vital tool for the Reserve Bank of Australia when assessing underlying inflationary pressures.
The index is calculated by comparing the current value of GDP to its value in a base period, using chain-linking to adjust for shifts in production and consumption patterns. This ensures that price changes are not distorted by changes in the volume of goods produced.
| Date | Actual | Forecast | Surprise |
|---|---|---|---|
| Sep 2, 2026 | -0.60 | — | — |
| Jun 3, 2026 | 0.90 | — | — |
| Dec 3, 2025 | 0.80 | — | — |
| Sep 3, 2025 | -0.50 | — | — |
| Jun 4, 2025 | 0.50 | — | — |
| Mar 5, 2025 | 1.40 | — | — |
| Dec 4, 2024 | -0.20 | — | — |
| Sep 4, 2024 | -0.90 | — | — |
| Jun 5, 2024 | 0.80 | — | — |
| Mar 6, 2024 | 2.00 | — | — |
| Dec 6, 2023 | 0.60 | — | — |
| Sep 6, 2023 | -2.20 | — | — |
| Date | First print | Current | Revision |
|---|---|---|---|
| Jun 3, 2026 | 0.80 | 0.90 | +0.10 ↑ |
