Economic Outlook No 117 — Consumer price index in Australia
Australia: Economic Outlook No 117 — Consumer price index was 1.14 in 2026. ◆ Volatile
Economic Outlook No 117 — Consumer price index in Australia, 1960–2026
Source: Organisation for Economic Co-operation and Development.
Analysis
In 2026, economic outlook no 117 — consumer price index in Australia stood at 1.14. That is the highest value across all 67 years on record.
That represents a change of up 2.3% on the previous year and up 33.2% over ten years.
Over the whole period, economic outlook no 117 — consumer price index in Australia peaked at 1.14 in 2026 and was at its lowest, 0.0601, in 1960.
Australia ranks 26th of 28 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Economic Outlook No 117 — Consumer price index in Australia, year by year
| Year | Value | Change |
|---|---|---|
| 1960 | 0.0601 | — |
| 1961 | 0.0615 | +2.3% |
| 1962 | 0.0613 | -0.3% |
| 1963 | 0.0617 | +0.6% |
| 1964 | 0.0634 | +2.9% |
| 1965 | 0.0656 | +3.4% |
| 1966 | 0.0677 | +3.3% |
| 1967 | 0.0701 | +3.5% |
| 1968 | 0.0719 | +2.5% |
| 1969 | 0.0742 | +3.3% |
| 1970 | 0.0768 | +3.4% |
| 1971 | 0.0815 | +6.1% |
| 1972 | 0.0864 | +6.0% |
| 1973 | 0.0943 | +9.1% |
| 1974 | 0.1088 | +15.4% |
| 1975 | 0.1253 | +15.2% |
| 1976 | 0.142 | +13.3% |
| 1977 | 0.1595 | +12.3% |
| 1978 | 0.1722 | +8.0% |
| 1979 | 0.1879 | +9.1% |
| 1980 | 0.207 | +10.1% |
| 1981 | 0.2266 | +9.5% |
| 1982 | 0.2523 | +11.4% |
| 1983 | 0.2777 | +10.0% |
| 1984 | 0.2887 | +4.0% |
| 1985 | 0.3081 | +6.7% |
| 1986 | 0.3361 | +9.1% |
| 1987 | 0.3647 | +8.5% |
| 1988 | 0.391 | +7.2% |
| 1989 | 0.4206 | +7.6% |
| 1990 | 0.451 | +7.2% |
| 1991 | 0.4659 | +3.3% |
| 1992 | 0.4705 | +1.0% |
| 1993 | 0.4787 | +1.8% |
| 1994 | 0.4879 | +1.9% |
| 1995 | 0.5105 | +4.6% |
| 1996 | 0.524 | +2.7% |
| 1997 | 0.5252 | +0.2% |
| 1998 | 0.5297 | +0.9% |
| 1999 | 0.5372 | +1.4% |
| 2000 | 0.5611 | +4.5% |
| 2001 | 0.5859 | +4.4% |
| 2002 | 0.6037 | +3.0% |
| 2003 | 0.6202 | +2.7% |
| 2004 | 0.6347 | +2.3% |
| 2005 | 0.6516 | +2.7% |
| 2006 | 0.6748 | +3.6% |
| 2007 | 0.6907 | +2.4% |
| 2008 | 0.7207 | +4.3% |
| 2009 | 0.7335 | +1.8% |
| 2010 | 0.7545 | +2.9% |
| 2011 | 0.7798 | +3.4% |
| 2012 | 0.7929 | +1.7% |
| 2013 | 0.8124 | +2.5% |
| 2014 | 0.8328 | +2.5% |
| 2015 | 0.8451 | +1.5% |
| 2016 | 0.8559 | +1.3% |
| 2017 | 0.873 | +2.0% |
| 2018 | 0.8899 | +1.9% |
| 2019 | 0.9038 | +1.6% |
| 2020 | 0.9119 | +0.9% |
| 2021 | 0.9376 | +2.8% |
| 2022 | 1 | +6.7% |
| 2023 | 1.06 | +5.6% |
| 2024 | 1.09 | +3.2% |
| 2025 | 1.11 | +2.3% |
| 2026 | 1.14 | +2.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 0.0657 | 0.0601 | 0.0742 | 10 |
| 1970s | 0.1235 | 0.0768 | 0.1879 | 10 |
| 1980s | 0.3073 | 0.207 | 0.4206 | 10 |
| 1990s | 0.4981 | 0.451 | 0.5372 | 10 |
| 2000s | 0.6477 | 0.5611 | 0.7335 | 10 |
| 2010s | 0.834 | 0.7545 | 0.9038 | 10 |
| 2020s | 1.04 | 0.9119 | 1.14 | 7 |
Countries ranked near Australia
More economy & growth data for Australia
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.36 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 2.26 Percent per annum (2029)
- Services, value added (current US$), annual growth rate 4.46 % change on previous year (2025)
- Services, value added (current US$), per unit of GDP 0.6749 current US$ per US$ of GDP (2025)
- Services, value added (current US$), per capita 43,958 current US$ per person (2025)
- Services, value added (current LCU), annual growth rate 5.81 % change on previous year (2025)
- Services, value added (current LCU), per unit of GDP 1.04 current LCU per US$ of GDP (2025)
- Services, value added (current LCU), per capita 67,920 current LCU per person (2025)
- Services, value added (constant 2015 US$), annual growth rate 1.72 % change on previous year (2025)
- Services, value added (constant 2015 US$), per unit of GDP 0.663 constant 2015 US$ per US$ of GDP (2025)
Frequently asked questions
- What is economic outlook no 117 — consumer price index in Australia?
- Economic outlook no 117 — consumer price index in Australia was 1.14 in 2026, according to Organisation for Economic Co-operation and Development.
- What is the highest economic outlook no 117 — consumer price index recorded in Australia?
- The highest recorded value was 1.14 in 2026.
- What is the lowest economic outlook no 117 — consumer price index recorded in Australia?
- The lowest recorded value was 0.0601 in 1960.
- How does Australia rank for economic outlook no 117 — consumer price index?
- Australia ranks 26th out of 28 countries with data for 2026.
- Is economic outlook no 117 — consumer price index rising or falling in Australia?
- Over the last ten years it is up 33.2%. The long-run trend across the full record is volatile.
- Where does this Australia data come from?
- The figures come from Organisation for Economic Co-operation and Development, published as part of Economic Outlook No 117 — Consumer price index. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 67 observations, free to reuse under OECD Terms and Conditions (attribution required).
About this data
The OECD Economic Outlook presents the OECD’s analysis of the major global economic trends and prospects for the next two years. The Outlook puts forward a consistent set of projections for output, employment, government spending, prices and current balances based on a review of each member country and of the induced effect on each of them on international developments. OECD (2025), OECD Economic Outlook No 117 (Edition 2025/1) EO117 Database documentation EO117 Last historical points gdp inflation cpi population unemployment real gdp gdp per capita employment OECD Economic Outlook website: https://www.oecd.org/economic-outlook/ Contact : eco.outlook@oecd.org Keywords : Outlook, forecasts, forecast, GDP