Consumer Price Index, Australia

Latest release

The Consumer Price Index (CPI) measures household inflation and includes statistics about price change for categories of household expenditure.

Reference period
December 2025
Released
28/01/2026
  • Next Release 25/02/2026
    Consumer Price Index, Australia, January 2026
  • Next Release 25/03/2026
    Consumer Price Index, Australia, February 2026
  • Next Release 29/04/2026
    Consumer Price Index, Australia, March 2026
  • View all releases
Release date and time
28/01/2026 11:30am AEDT

Key statistics

  • The Consumer Price Index (CPI) rose 3.8% in the 12 months to December 2025, up from a 3.4% rise in the 12 months to November 2025.
  • The largest contributors to annual inflation over the past 12 months were Housing (+5.5%), Food and non-alcoholic beverages (+3.4%), and Recreation and culture (+4.4%).
  • In the month of December, the CPI rose 1.0% in original terms and rose 0.2% in seasonally adjusted terms.
  • Trimmed mean inflation was 3.3% in the 12 months to December 2025, up from 3.2% in the 12 months to November 2025.

What's new this month

Quarterly data available

Quarterly CPI data can be found in tables 17 and 18. From December 2025, the quarterly CPI data is calculated as the average of the three relevant monthly indexes. Data for the most recent quarter will be added to tables 17 and 18 when the monthly CPI is published for the months of March, June, September and December.

Re-referencing the quarterly CPI data

The previously published quarterly data has been re-referenced and aligned to the new monthly CPI series. September 2025 serves as the link period where the index equals 100.00. While the level of the quarterly indexes has changed due to re-referencing, the percentage movements of the index have not been revised.

Conversion factors and examples of how to use them are available in the Quarterly CPI - September 2025 Conversion Factors spreadsheet in the Data downloads. These factors enable users to convert the re-referenced indexes to the previous reference period of 2011-12 = 100.0.

More information on re-referencing is available in Re-referencing the quarterly Consumer Price Index

Quarterly Trimmed mean

As announced in July 2025, the ABS will continue to produce the quarterly Trimmed mean based on pre-October 2025 methods. The quarterly Trimmed mean data is available in Appendix 1. More information on the quarterly Trimmed mean is available in Quarterly Trimmed mean explanatory note.

Postponing the annual CPI weight update

Since 2018, the ABS has updated the CPI weights annually. The updated weights are usually implemented in the CPI for the month of January and March quarters. With the introduction of the complete Monthly CPI in late 2025, the ABS has decided to postpone the next CPI weight update to January 2027. The ABS will monitor household spending patterns throughout 2026 and consider a mid-year weight update if needed. The ABS will advise users in advance if a mid-year weight update is going to occur. Information on the 2025 weight update is available in Annual weight update of the CPI.

Main features

 

Weighted average of eight capital cities
  OriginalSeasonally adjusted
Weighted average of eight capital citiesNov 25 to Dec 25
(% change)
Dec 24 to Dec 25
(% change)
Nov 25 to Dec 25
(% change)
Dec 24 to Dec 25
(% change)
All groups CPI1.03.80.23.7
 Food and non-alcoholic beverages0.43.40.23.5
 Alcohol and tobacco0.04.90.54.8
 Clothing and footwear-0.83.4-0.93.4
 Housing0.15.50.15.5
 Furnishings, household equipment and services-0.22.00.11.7
 Health-0.43.60.43.6
 Transport0.01.60.31.7
 Communication-0.41.1-0.11.1
 Recreation and culture7.44.40.44.3
 Education0.05.40.45.4
 Insurance and financial services0.52.50.12.5
CPI analytical series    
 All groups CPI, seasonally adjustedn/an/a0.23.7
 Trimmed meann/an/a0.23.3
 Weighted mediann/an/a0.23.6

This chart shows the annual contributions of the individual components summing to the total CPI annual movement. Any differences in the sum of the individual components and the total are due to rounding.

  1. 'Other' includes Clothing and footwear, Furnishings, household equipment and services, Communication and Insurance and financial services

The following table shows the weight, annual movement and contribution of each category to the All groups CPI annual movement. The contribution is a combination of the category’s weight and annual movement. The sum of all the category contributions equals the CPI annual movement.

Weighted average of eight capital cities

Weight

(%) 

December 2025 annual movement

(% Change)

December 2025 contribution to total CPI

(percentage points)

All groups CPI1003.83.8
Food and non-alcoholic beverages17.43.40.5979
Alcohol and tobacco6.54.90.3169
Clothing and footwear3.23.40.1066
Housing21.45.51.1729
Furnishings, household equipment and services7.92.00.1596
Health6.73.60.2390
Transport11.51.60.1853
Communication2.11.10.0232
Recreation and culture13.14.40.5731
Education4.75.40.2510
Insurance and financial services5.62.50.1375

 

Overview

Annual inflation increased for both the CPI and Trimmed mean in December

CPI annual inflation was 3.8 per cent in the 12 months to December 2025, up from 3.4 per cent in the 12 months to November 2025.

Trimmed mean inflation was 3.3 per cent in the 12 months to December 2025, up from 3.2 per cent in the 12 months to November 2025. 

  1. Annual movements prior to April 2025 are calculated by comparing each quarter to the same quarter in the previous year.  From April 2025 these movements are calculated by comparing each month to the same month in the previous year.

Annual inflation increased for both Goods and Services in December

Annual Goods inflation was 3.4 per cent in the 12 months to December, up from 3.3 per cent to November. The main reason for stronger annual Goods inflation in December was Electricity, which rose 21.5 per cent in the 12 months to December, compared to a rise of 19.7 per cent to November. 

Annual Services inflation was 4.1 per cent in the 12 months to December, up from 3.6 per cent to November. Annual Services inflation rose due to Domestic holiday travel and accommodation (+9.6 per cent), and Rents (+3.9 per cent).

  1. Annual movements prior to April 2025 are calculated by comparing each quarter to the same quarter in the previous year.  From April 2025 these movements are calculated by comparing each month to the same month in the previous year

Electricity

Electricity costs rose 21.5 per cent in the 12 months to December 2025. The annual rise in electricity costs is primarily related to State Government electricity rebates being used up by households. This is up from a 19.7 per cent rise in the 12 months to November 2025, reflecting the timing of when households received payments of the State Government and Commonwealth Energy Bill Relief Fund (EBRF) rebates in 2024. 

In December 2024, State Government electricity rebates were in place for Queensland and Western Australia. Over the year those rebates have been used up leading to higher electricity costs. 

Excluding the impact of the Commonwealth and State Government electricity rebates over the last year, electricity prices rose 4.6 per cent in the 12 months to December, unchanged from the 12 months to November. This reflects annual price reviews from energy retailers in July 2025.

June 2023, index = 100

a. Introduction of the 2023-24 Commonwealth Energy Bill Relief Fund (EBRF) rebates

b. Introduction of the first instalment of the 2024-25 EBRF rebates for all households in QLD and WA, and State rebates in QLD, WA and TAS

c. Introduction of the first instalment of the 2024-25 EBRF rebates for all households in NSW, VIC, SA, TAS, NT and ACT

d. Introduction of the first instalment of the EBRF 2025 extension rebates for all households in VIC, QLD, SA, TAS and NT

e. Introduction of the first instalment of the EBRF 2025 extension rebates for all households in NSW and ACT

f. Introduction of the first instalment of the EBRF 2025 extension rebates for all households in WA

The following table shows the timing of electricity rebates, that have been publicly announced, for the time periods between September 2025 and January 2026. 

 

Timing of electricity rebates
StateSeptember 2025October 2025November 2025December 2025January 2026
NSW$75 (a) $150 (a) (b) $75 (a) $75 (a)  
VIC$75 (a) $75 (a) $75 (a) $75 (a)  
QLD$75 (a) $75 (a) $75 (a) $75 (a)  
SA$75 (a) $75 (a) $75 (a) $75 (a)  
WA $150 (a) (c) $150 (a)$150 (a)$150 (a) (c) 
TAS$75 (a) $75 (a) $75 (a) $75 (a)  
NT$75 (a) $75 (a) $75 (a) $75 (a)  
ACT$75 (a) $150 (a) (b) $75 (a) $75 (a)  
  1. EBRF 2025 extension instalment
  2. In NSW and ACT, the EBRF 2025 extension instalment was paid from August 2025. Households whose billing cycle is in July 2025 have received two instalments in October 2025.
  3. In WA, the EBRF 2025 extension was paid from 11 October 2025. The remaining proportion of households whose billing cycle is in October will receive their extension payment in January 2026.

Rents

Rental prices rose 3.9 per cent over the 12 months to December 2025, down from a 4.0 per cent rise to November 2025. Annual inflation for Rents has eased over the past 12 months due to stable vacancy rates in most capital cities. 

Excluding the various Commonwealth Rent Assistance (CRA) changes over the last 12 months, rents would have increased 4.2 per cent in the 12 months to December 2025, down from a rise of 4.3 per cent in the 12 months to November 2025.

  1. Commonwealth Rent Assistance (CRA) maximum rates increased by 15% on top of the usual biannual CPI indexation from 20 September 2023.
  2. Commonwealth Rent Assistance (CRA) maximum rates increased by 10% on top of the usual biannual CPI indexation from 20 September 2024. 

New dwellings

New dwelling prices rose 3.0 per cent in the 12 months to December 2025, up from a 2.8 per cent rise to November 2025. 

Project home builders in some cities have raised base prices in response to increased demand and to pass through higher labour and material costs leading to a rise of 0.2 per cent for new dwellings this month. 

Food and non-alcoholic beverages

Annual inflation for Food and non-alcoholic beverages was 3.4 per cent in the 12 months to December 2025, up from 3.3 per cent to November 2025.

Meals out and takeaway food prices rose 3.5 per cent in the 12 months to December 2025, with elevated costs for wages and ingredients driving the rise. 

Prices for Meat and seafood rose 4.4 per cent in the 12 months to December 2025. The annual rise was driven by Beef and veal (+10.8 per cent) and Lamb and goat (+13.4 per cent) due to strong overseas demand for Australian red meat. 

Fruit and vegetable prices increased 4.0 per cent in the 12 months to December 2025, up from a 2.7 per cent increase to November 2025. 

Vegetable prices rose 3.8 per cent in the year to December, with shortages linked to extreme rain in Queensland leading to higher prices for cucumbers, zucchini and capsicums. Fruit prices rose 4.2 per cent in the 12 months to December, with reduced supply of apples leading to price rises.

Food products n.e.c. prices rose 3.2 per cent in the 12 months to December 2025. The annual rise was driven by Snacks and confectionery (+6.5 per cent) with higher prices for chocolate due to ongoing cocoa shortages. Egg prices have fallen around 5 per cent over the past six months and prices for Oils and fats are 2.0 per cent lower compared to 12 months ago.

Non-alcoholic beverages prices increased 4.0 per cent in the 12 months to December 2025. The annual rise was driven by Coffee, tea and cocoa (+15.3 per cent), due to lower supply of coffee beans from major overseas suppliers.

Recreation and Culture

Holiday travel and accommodation prices rose 5.8 per cent in the 12 months to December, following a 1.8 per cent rise in the 12 months to November. The rise was driven by Domestic holiday travel and accommodation (+9.6 per cent), up from a 3.3 per cent rise in the 12 months to November. 

In monthly terms, prices for Domestic holiday travel and accommodation rose by 8.2 per cent in December due to strong demand in the lead up to Christmas, the summer school holidays and major events such as the Ashes cricket test series.

International holiday travel and accommodation also contributed to the monthly rise (+24.4 per cent) as prices for international airfares rose across many popular destinations during the holiday season.

Main contributors to change

CPI groups

Food and non-alcoholic beverages group (+3.4%)

Alcohol and tobacco group (+4.9%)

Clothing and footwear group (+3.4%)

Housing group (+5.5%)

Furnishings, household equipment and services group (+2.0%)

Health group (+3.6%)

Transport group (+1.6%)

Communication group (+1.1%)

Recreation and culture group (+4.4%)

Education group (+5.4%)

Insurance and financial services group (+2.5%)

Analytical series

Analytical series

 

Nov 25 to Dec 25

(% change)

Dec 24 to Dec 25

(% change)

Trimmed mean 0.23.3
Weighted median0.23.6
CPI excluding volatile items*1.03.9
CPI excluding volatile items* and holiday travel0.03.8
Tradables1.92.1
Non-tradables0.54.6
Goods0.03.4
Services2.14.1
Discretionary2.23.5
Non-discretionary0.13.9
All groups CPI, seasonally adjusted0.23.7

*Volatile items are Fruit and vegetables and Automotive fuel 

Capital cities comparison

All groups CPI

All groups CPI, index numbers and percentage changes
 Index number(a)Percentage change (%)
 Dec 2025Nov 2025 to Dec 2025Dec 2024 to Dec 2025 
Sydney101.191.13.7
Melbourne100.980.93.1
Brisbane100.981.05.2
Adelaide101.000.83.3
Perth100.290.74.4
Hobart101.170.83.8
Darwin100.710.63.1
Canberra100.970.73.3
Weighted average of eight capital cities100.971.03.8
  1. Index reference period: September 2025 = 100.0.
Group by capital city, annual percentage change
GroupSydneyMelbourneBrisbaneAdelaidePerthHobartDarwinCanberraWeighted average of eight capital cities
All groups3.73.15.23.34.43.83.13.33.8
Food & non-alcoholic beverages3.63.53.43.03.24.63.03.13.4
Alcohol & tobacco3.94.55.86.55.78.33.14.94.9
Clothing & footwear3.73.24.11.13.45.44.51.63.4
Housing4.63.212.34.18.64.13.03.65.5
Furnishings, household equipment and services2.31.33.22.81.81.11.92.22.0
Health3.83.33.63.63.62.63.14.13.6
Transport2.10.91.7-0.23.01.03.31.81.6
Communication1.11.11.01.01.11.11.01.21.1
Recreation & culture4.74.04.15.34.34.03.93.84.4
Education5.65.54.84.45.64.55.26.15.4
Insurance & financial services2.52.92.31.61.44.52.02.62.5

Data downloads

Quarterly Data

Quarterly data is now published in Tables 17 and 18. These tables will be included in every monthly publication going forward. Data for the most recent quarter will be added to the quarterly tables in every third monthly publication (i.e. March, June, September and December).

Data files

Capital Cities

Data files
Data files
Data files

Create your own tables and visualisations with Data Explorer

Caution: Data in Data Explorer is currently released after the 11:30am release on the ABS website. Please check the reference period when using Data Explorer 

Data explorer for the Consumer Price Index, Australia.

For information on Data Explorer and how it works, see the Data Explorer user guide.

Article archive

CPI feature articles

Using price indexes

Price indexes in contracts

Price indexes published by the Australian Bureau of Statistics (ABS) provide summary measures of the movements in various categories of prices over time. They are published primarily for use in Government economic analysis. Price indexes are also often used in contracts by businesses and government to adjust payments and/or charges to take account of changes in categories of prices (Indexation Clauses).

Use of Price Indexes in Contracts sets out a range of issues that should be taken into account by parties considering including an Indexation Clause in a contract using an ABS published price index.

Frequently asked questions

The Frequently Asked Questions page has answers to a number of common questions to do with price indexes and the Consumer Price Index in particular.

Previous catalogue number

This release previously used catalogue number 6401.0.

Methodology

Scope

The CPI is a general measure of price change for goods and services purchased by Australian households.

Geography

Monthly data is published at the national level, derived as a weighted average of the eight capital cities.

Source

Prices are collected for a range of goods and services (the CPI basket) from a variety of retailers across the eight capital cities.

Collection method

Prices are collected monthly using: 

  • web-scraping
  • online and telephone collections from retailers
  • administrative data, including supermarket scanner data.

Concepts, sources and methods

Information about the data sources and methods used to compile the CPI is contained in the Consumer Price Index: Concepts, Sources and Methods.

History of changes

View full methodology
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