Australia: quarterly Consumer Price Index 2023

In the fourth quarter of 2023 the Consumer Price Index (CPI) in Australia had risen to an all time high of 136.1 points. Since dropping in the second quarter of 2020 to 114.4, the CPI has been rising steadily.

Consumer Price Index (CPI) in Australia from 3rd quarter 2017 to 4th quarter 2023

Characteristic	Consumer Price Index
Q4 2023	136.1
Q3 2023	135.3
Q2 2023	133.7
Q1 2023	132.6
Q4 2022	130.8
Q3 2022	128.4
Q2 2022	126.1
Q1 2022	123.9
Q4 2021	121.3
Q3 2021	119.7
Q2 2021	118.8
Q1 2021	117.9
Q4 2020	117.2
Q3 2020	116.2
Q2 2020	114.4
Q1 2020	116.6
Q4 2019	116.2
Q3 2019	115.4
Q2 2019	114.8
Q1 2019	114.1
Q4 2018	114.1
Q3 2018	113.5
Q2 2018	113
Q1 2018	112.6
Q4 2017	112.1
Q3 2017	111.4

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Release date

January 2024

More information

Region

Australia

Survey time period

Q3 2017 to Q4 2023

Special properties

Index reference period: 2011-12 = 100.0

Supplementary notes

Weighted average of eight capital cities.

In Australia, the Consumer Price Index or CPI measures changes in the prices paid by consumers for a basket of goods and services.

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