CPI change from the previous quarter, Australia

Quarterly, ABS, Consumer Price Index (6401.0). Unit: percent.

CPI change from the previous quarter in Australia was 0.60% in , down 0.80 pp from and down 0.10 pp from a year earlier. Over the latest 12 readings it moved between 0.20% and 1.40%. The next reading is for Q3 2026. Source: ABS, Consumer Price Index (6401.0); history from .

Key takeaways

  • CPI change from the previous quarter at 0.60% in beats 41% of readings since (ABS).
  • Against a ten-year average of 0.76%, CPI change from the previous quarter is below that norm by 0.16 pp (ABS).
Latest,
0.60%
Down 0.80 pp from
A year earlier
0.70%
Ten-year high
2.20%
Ten-year low
-1.90%

What this indicator is and why it matters

CPI change from the previous quarter is the percent change in Australia's all groups consumer price index between consecutive quarters, as published by the Australian Bureau of Statistics. It uses the original index, not seasonally adjusted, and arrives about four weeks after each quarter ends.

It is the first number markets see on Australian inflation each quarter, and a reading above or below expectations moves bond yields and expectations for the RBA cash rate within minutes. Analysts multiply a quarterly change by about four to compare it with the RBA's annual target band of 2% to 3%.

The pitfall is seasonality. Some prices change at set times of the year: private health insurance premiums rise each April, school and university fees reset at the start of the year, and government rebates can shift electricity prices sharply in a single quarter. A large quarterly change in this original series can therefore reflect the calendar or a policy decision rather than a change in underlying inflation. The ABS publishes seasonally adjusted figures and the RBA watches the trimmed mean, which removes the largest price moves, for that reason. For the change on a year earlier, use the CPI inflation page.

Where it sits in history

CPI change from the previous quarter is at its lowest since , when it stood at 0.20%. Within ten years, CPI change from the previous quarter beats 32% of readings.

WindowLatest is higher thanAverageHighestLowest
Since Q1 200641% of readings0.69%2.20% -1.90%
Last ten years32% of readings0.76%2.20% -1.90%
Last five years10% of readings1.06%2.20% 0.20%
CPI change from the previous quarter from Q1 2006 to Q2 2026; latest 0.60% in Q2 2026-2.1%-1.0%0.2%1.3%2.4%20082012201620202024CPI change from the pr…0.6%CPI change from the previous quarter from Q1 2006 to Q2 2026; latest 0.60% in Q2 2026-2.1%-0.6%0.9%2.4%201020162022
  • CPI change from the previous quarter 0.6%
Source: ABS, Consumer Price Index (6401.0). Q1 2006 to Q2 2026.

Recent readings

Last five years

CPI change from the previous quarter over the last five years-0.1%0.5%1.1%1.7%2.3%20222023202420252026CPI change from the pr…0.6%CPI change from the previous quarter over the last five years-0.1%0.7%1.5%2.3%202220242026
  • CPI change from the previous quarter 0.6%
Source: ABS, Consumer Price Index (6401.0).

Latest readings

PeriodValueChange from previous
0.60%-0.80 pp
1.40%+0.80 pp
0.60%-0.70 pp
1.30%+0.60 pp
0.70%-0.20 pp
0.90%+0.70 pp
0.20%0.00 pp
0.20%-0.80 pp
Source: ABS, Consumer Price Index (6401.0).

Annual averages

By calendar-year average, CPI change from the previous quarter peaked in (1.90%) and bottomed in (0.23%). 2026 to date: 1.00%, after 0.88% in 2025.

YearAverageLowHighReadings
2026 (part year)1.00%0.60%1.40%2
20250.88%0.60%1.30%4
20240.58%0.20%1.00%4
20231.02%0.60%1.40%4
20221.90%1.80%2.20%4
20210.85%0.60%1.30%4
20200.23%-1.90%1.50%4
20190.47%0.00%0.70%4
20180.43%0.40%0.50%4
20170.50%0.20%0.70%4
20160.35%-0.20%0.70%4
20150.42%0.20%0.70%4
20140.42%0.20%0.60%4
20130.65%0.30%1.20%4
20120.57%0.10%1.40%4
20110.75%0.00%1.50%4
20100.65%0.40%0.90%4
20090.50%0.10%0.90%4
20080.93%-0.30%1.50%4
20070.72%0.10%1.20%4
20060.82%-0.10%1.60%4

How is it measured?

Percent change in the all groups CPI from the previous quarter, as published by the ABS.

ABS publishes CPI change from the previous quarter quarterly in Consumer Price Index (6401.0), in percent and is not seasonally adjusted. Code: ABS,CPI,2.0.0:2.10001.10.50.Q. Method for CPI change from the previous quarter.

Questions

How high is CPI change from the previous quarter in Australia now?

0.60% in (ABS), down 0.10 pp on a year earlier.

Is CPI change from the previous quarter high by historical standards?

CPI change from the previous quarter beats 41% of readings since ; its peak was 2.20% (), its low -1.90% ().

When is CPI change from the previous quarter updated?

Quarterly, in Consumer Price Index (6401.0). Next reading: Q3 2026.

Where can I check CPI change from the previous quarter at the source?

ABS data, code ABS,CPI,2.0.0:2.10001.10.50.Q.