The Monthly Consumer Price Index (CPI) Indicator provides a more frequent measure of household inflation in Australia compared to the traditional quarterly release. It tracks the price changes of a subset of the goods and services included in the full CPI basket. This allows the Reserve Bank of Australia (RBA) to respond more quickly to emerging inflationary or deflationary trends.
The indicator is calculated by the Australian Bureau of Statistics (ABS) using a weighted average of price changes for a representative basket of goods, with some components updated monthly and others less frequently.
| Date | Actual | Forecast | Surprise |
|---|---|---|---|
| Feb 25, 2026 | 3.80 | 3.70 | +0.10 |
| Feb 24, 2026 | 3.80 | 3.70 | +0.10 |
| Jan 28, 2026 | 3.80 | 3.50 | +0.30 |
| Jan 7, 2026 | 3.40 | 3.60 | -0.20 |
| Nov 26, 2025 | 3.80 | 3.90 | -0.10 |
| Oct 29, 2025 | 3.50 | 3.10 | +0.40 |
| Sep 24, 2025 | 3.00 | 2.90 | +0.10 |
| Aug 27, 2025 | 2.80 | 2.30 | +0.50 |
| Jul 30, 2025 | 1.90 | 2.10 | -0.20 |
| Jun 25, 2025 | 2.10 | 2.30 | -0.20 |
| May 28, 2025 | 2.40 | 2.30 | +0.10 |
| Apr 30, 2025 | 2.40 | 2.30 | +0.10 |
| Mar 26, 2025 | 2.40 | 2.50 | -0.10 |
| Feb 26, 2025 | 2.50 | 2.60 | -0.10 |
| Jan 29, 2025 | 2.50 | 2.50 | 0.00 |
| Jan 8, 2025 | 2.30 | 2.20 | +0.10 |
| Nov 27, 2024 | 2.10 | 2.30 | -0.20 |
| Oct 30, 2024 | 2.10 | 2.40 | -0.30 |
| Sep 25, 2024 | 2.70 | 2.80 | -0.10 |
| Aug 28, 2024 | 3.50 | 3.40 | +0.10 |
| Jul 31, 2024 | 3.80 | 3.80 | 0.00 |
| Jun 26, 2024 | 4.00 | 3.80 | +0.20 |
| May 29, 2024 | 3.60 | 3.40 | +0.20 |
| Apr 24, 2024 | 3.50 | 3.40 | +0.10 |
| Mar 27, 2024 | 3.40 | 3.50 | -0.10 |
| Feb 28, 2024 | 3.40 | 3.60 | -0.20 |
| Jan 31, 2024 | 3.40 | 3.70 | -0.30 |
| Jan 10, 2024 | 4.30 | 4.40 | -0.10 |
| Nov 29, 2023 | 4.90 | 5.20 | -0.30 |
| Oct 25, 2023 | 5.60 | 5.40 | +0.20 |
| Sep 27, 2023 | 5.20 | 5.20 | 0.00 |
| Aug 30, 2023 | 4.90 | 5.20 | -0.30 |
| Jul 26, 2023 | 5.40 | 5.40 | 0.00 |
| Jun 28, 2023 | 5.60 | 6.10 | -0.50 |
| May 31, 2023 | 6.80 | 6.40 | +0.40 |
| Apr 26, 2023 | 6.30 | 6.50 | -0.20 |
| Mar 29, 2023 | 6.80 | 7.10 | -0.30 |
| Mar 1, 2023 | 7.40 | 8.00 | -0.60 |
| Jan 25, 2023 | 8.40 | 7.60 | +0.80 |
| Jan 11, 2023 | 7.30 | 7.30 | 0.00 |
| Nov 30, 2022 | 6.90 | 7.40 | -0.50 |
| Oct 26, 2022 | 7.30 | 7.00 | +0.30 |
