Prices inA$US$

FinVolio

Economy · Australia · Inflation

Australian underlying inflation (trimmed mean)

3.6% in August 2026, unchanged from 3.6% in July 2026.

Monthly · % a year · 3.1% a year earlier · Updated 5 hrs ago

Next: Consumer price index (inflation), Wed, 28 Oct, 11:30am Sydney time

On your list · Remove

Range, past 10 years52-week and 10-year range The lowest and highest values over a period, with a marker for where the latest value sits between them. Learn more
2.8% Jun 20253.6% Jun 2026
Over 3 monthsYear on year, month on month, quarter on quarter How a figure compares with the same period a year earlier (y/y), or with the period just before (m/m, q/q). Year-on-year removes seasonal swings; shorter comparisons show turning points sooner. Learn more
+0.1 ptsfrom 3.5%
Over 12 monthsPercentage points and basis points The difference between two percentages. A rate rising from 4.00% to 4.25% is up 0.25 percentage points, or 25 basis points; it is not up 0.25%. Learn more
+0.5 ptsfrom 3.1%
Long-run averageLong-run average The average of every reading in the series' history. A rough guide to what is normal, though economies change and some series never return to their old average. Learn more
3.3%since 2025

HistorySeasonally adjusted A figure with the regular calendar pattern removed (Christmas, school holidays, harvests), so one month can be compared fairly with the next. Learn more

% a year, monthly

Show the data
Period% a year
August 20263.6%
July 20263.6%
June 20263.6%
May 20263.5%
April 20263.4%
March 20263.3%
February 20263.3%
January 20263.3%
December 20253.3%
November 20253.2%
October 20253.3%
September 20253.2%
August 20253.1%
July 20253.1%
June 20252.8%
May 20253.0%
April 20253.2%

The latest 17 readings in this range.

Source: Australian Bureau of Statistics, CPI. Data from April 2025.

Next releaseFinVolio estimates FinVolio's own estimate of what an upcoming release will show, from a stated statistical rule and, where available, an AI estimate with its reasoning. Not a consensus forecast and not advice. Learn more

Wed, 28 Oct, 11:30am Sydney time · Consumer price index (inflation), for September 2026

Model estimate80% range A band that the actual figure should land inside about four times in five. If actuals fall outside it more often than one time in five, the estimate is overconfident. Learn morelast reading plus half the recent trend4.0%range 3.5% to 4.5%
Last reading3.6%August 2026

Estimates are FinVolio's own, made from this series and related indicators. They are not a consensus forecast and not advice.

What it measures

Inflation over 12 months after removing the items with the largest and smallest price changes each period, seasonally adjusted.

Why it matters

The Reserve Bank's preferred gauge of underlying inflation, less swayed by one-off price swings such as fuel or subsidies.