CPI – Consumer Price Index

Australian CPI adjustments are published by the Australian Bureau of Statistics.

The ATO uses the CPI for the periodic indexation of various ATO administered tax concessions and thresholds. Various Centrelink payments and measures are also linked to the CPI.

From September 2012 the base year value of the index was re-set, so that the values which had been used up to that time were replaced.

A commonly used CPI statistic for income tax-related matters is the ‘All groups CPI weighted average of eight capital cities’.

Latest:

The latest ALL Groups weighted average rose 0.6% in the December 2023 quarter, to 136.1.

This brings the annual inflation rate in the 12 months to 31 December 2023 to 4.1%.

Future Quarterly Releases:

Quarterly PeriodRelease Date
March 202424 April 2024
June 202431 July 2024
September 202430 October 2024
December 202429 January 2025
Source: abs.gov.au

The source data for the CPI statistics are published by the Australian Bureau of Statistics, with updates normally issued within a few weeks of each period end.

Historical CPI Table: All groups CPI weighted average of eight capital cities (based on 2011-12 index reference base)

RBA’s Target Inflation Range

The RBA’s target inflation range as agreed with government is 2% to 3%.

The following chart shows the current and historical performance according to this measure.

Historical CPI data for the years from 1985

To locate a date or filter the table, start typing in the search box:

Quarter endingAll groups CPI
Dec 31, 2023136.1
Sept 30, 2023135.3
June 30, 2023133.7
March 31, 2023132.6
Dec 31, 2022130.8
Sept 30, 2022128.4
June 30, 2022126.1
March 31, 2022123.9
Dec 31, 2021121.3
Sept 30, 2021119.7
June 30, 2021118.8
March 31, 2021117.9
Dec 31, 2020117.2
Sept 30, 2020116.2
June 30, 2020114.4
March 31, 2020116.6
Dec 31, 2019116.2
Sept 30, 2019115.4
June 30, 2019114.8
March 31 2019114.1
Dec 31, 2018114.1
Sept 30, 2018113.5
June 30, 2018113.0
March 31, 2018112.6
Dec 31, 2017112.1
Sept 30, 2017111.4
June 30, 2017110.7
March 31, 2017110.5
Dec 31, 2016110.0
Sept 30, 2016109.4
June 30, 2016108.6
March 31, 2016108.2
Dec 31, 2015108.4 
Sept 30, 2015108.0 
June 30, 2015 107.5
March 31, 2015106.8
Dec 31, 2014106.6
Sept 30, 2014106.4
June 30, 2014105.9
March 31, 2014105.4
Dec 31, 2013104.8
Sept 30, 2013104
June 30, 2013102.8
March 31, 2013102.4
Dec 31, 2012102
Sept 30, 2012101.8
June 30, 2012100.4
March 31, 201299.9
Dec 31, 201199.8
Sept 30, 201199.8
June 30, 201199.2
March 31, 201198.3
Dec 31, 201096.9
Sept 30, 201096.5
June 30, 201095.8
March 31, 201095.2
Dec 31, 200994.3
Sept 30, 200993.8
June 30, 200992.9
March 31, 200992.5
Dec 31, 200892.4
Sept 30, 200892.7
June 30, 200891.6
March 31, 200890.3
Dec 31, 200789.1
Sept 30, 200788.3
June 30, 200787.7
March 31, 200786.6
Dec 31, 200686.6
Sept 30, 200686.7
June 30, 200685.9
March 31, 200684.5
Dec 31, 200583.8
Sept 30, 200583.4
June 30, 200582.6
March 31, 200582.1
Dec 31, 200481.5
Sept 30, 200480.9
June 30, 200480.6
March 31, 200480.2
Dec 31, 200379.5
Sept 30, 200379.1
June 30, 200378.6
March 31, 200378.6
Dec 31, 200277.6
Sept 30, 200277.1
June 30, 200276.6
March 31, 200276.1
Dec 31, 200175.4
Sept 30, 200174.7
June 30, 200174.5
March 31, 200173.9
Dec 31, 200073.1
Sept 30, 200072.9
June 30, 200070.2
March 31, 200069.7
Dec 31, 199969.1
Sept 30, 199968.7
June 30, 199968.1
March 31, 199967.8
Dec 31, 199867.8
Sept 30, 199867.5
June 30, 199867.4
March 31, 199867
Dec 31, 199766.8
Sept 30, 199766.6
June 30, 199766.9
March 31, 199767.1
Dec 31, 199667
Sept 30, 199666.9
June 30, 199666.7
March 31, 199666.2
Dec 31, 199566
Sept 30, 199565.5
June 30, 199564.7
March 31, 199563.8
Dec 31, 199462.8
Sept 30, 199462.3
June 30, 199461.9
March 31, 199461.5
Dec 31, 199361.2
Sept 30, 199361.1
June 30, 199360.8
March 31, 199360.6
Dec 31, 199260.1
Sept 30, 199259.8
June 30, 199259.7
March 31, 199259.9
Dec 31, 199159.9
Sept 30, 199159.3
June 30, 199159
March 31, 199158.9
Dec 31, 199059
Sept 30, 199057.5
June 30, 199057.1
March 31, 199056.2
Dec 31, 198955.2
Sept 30, 198954.2
June 30, 198953
March 31, 198951.7
Dec 31, 198851.2
Sept 30, 198850.2
June 30, 198849.3
March 31, 198848.4
Dec 31, 198747.6
Sept 30, 198746.8
June 30, 198746
March 31, 198745.3
Dec 31, 198644.4
Sept 30, 198643.2
June 30, 198642.1
March 31, 198641.4
Dec 31, 198540.5
Sept 30, 198539.7
June 30, 198538.8
March 31, 198537.9

Data sources: Australian Bureau of Statistics

See also:

This page was last modified 2024-01-31