Underlying inflation measures · Australia
Australia Monthly CPI Indicator
The Australia Monthly CPI Indicator is an alternative measure of underlying inflation in Australia, built to strip out one-off price jumps without simply dropping whole categories.
- Wichtigkeit
- Medium
- Veröffentlicht
- Monthly
- Währung
- AUD · Australian dollar
- Zentralbank
- The Reserve Bank of Australia
Neueste Zahlen
Die letzte Veröffentlichung, für SEP, erschien am 2025-10-29 und lag bei 3.5%. Das liegt über dem Konsens von 3.1%. Das ist mehr als 3% beim letzten Mal.
A higher figure than expected makes the Reserve Bank of Australia more likely to keep rates high or raise them: it tends to support the Australian dollar and push bond yields up, and is often a weight on stocks.
In den letzten 10 Veröffentlichungen lag der Wert zwischen 1.9% und 3.5%, im Schnitt 2.5%. Der Wert ist drei Veröffentlichungen in Folge gestiegen.
| Veröffentlicht | Für | Ist | Konsens | Vorher |
|---|---|---|---|---|
| 29 Oct 2025 | SEP | 3.5% | 3.1% | 3% |
| 24 Sep 2025 | AUG | 3% | 2.9% | 2.8% |
| 27 Aug 2025 | JUL | 2.8% | 2.3% | 1.9% |
| 30 Jul 2025 | JUN | 1.9% | 2.1% | 2.1% |
| 25 Jun 2025 | MAY | 2.1% | 2.3% | 2.4% |
| 28 May 2025 | APR | 2.4% | 2.3% | 2.4% |
| 30 Apr 2025 | MAR | 2.4% | – | 2.4% |
| 26 Mar 2025 | FEB | 2.4% | 2.5% | 2.5% |
| 26 Feb 2025 | JAN | 2.5% | 2.6% | 2.5% |
| 29 Jan 2025 | DEC | 2.5% | 2.5% | 2.3% |
Warum es wichtig ist
the Reserve Bank of Australia watches these measures to judge whether inflation is broad-based. When they agree with the headline, the trend is real; when they diverge, a few items are distorting the picture.
So wird gerechnet
A trimmed mean removes the items with the largest and smallest price changes (for example the top and bottom 15% by weight) and averages the rest; a weighted median takes the price change in the middle of the distribution. Other variants hold mortgage interest costs fixed or use common components.
Was Veränderungen bedeuten
- A trimmed mean or median near the target is the clearest sign that inflation is under control.
- When the headline jumps but these do not, the move is likely temporary.
Höher als erwartet: A higher figure than expected makes the Reserve Bank of Australia more likely to keep rates high or raise them: it tends to support the Australian dollar and push bond yields up, and is often a weight on stocks.
Niedriger als erwartet: A lower figure than expected gives the Reserve Bank of Australia room to cut or hold rates lower: the Australian dollar tends to soften and bond yields to fall.
Eine kurze Geschichte
Trimmed means were developed in the 1990s (Bryan and Cecchetti at the Cleveland Fed); the Reserve Bank of Australia and the Bank of Canada give them a central place in their policy.
Fragen
What is the Australia Monthly CPI Indicator?
The Australia Monthly CPI Indicator is an alternative measure of underlying inflation in Australia, built to strip out one-off price jumps without simply dropping whole categories.
What was the latest Australia Monthly CPI Indicator?
3.5% for SEP, published on 29 October 2025 (consensus 3.1%, previous 3%).
Nur Bildungsinhalte, keine Anlageberatung. Die Zahlen sind die veröffentlichten Ergebnisse, wie sie unser Kalender erfasst hat; die beschriebenen Marktreaktionen sind typisch, nicht garantiert.