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
November 2025
Released
7/01/2026
  • Next Release 28/01/2026
    Consumer Price Index, Australia, December 2025
  • Next Release 25/02/2026
    Consumer Price Index, Australia, January 2026
  • Next Release 25/03/2026
    Consumer Price Index, Australia, February 2026
  • View all releases
Release date and time
07/01/2026 11:30am AEDT

Key statistics

  • The Consumer Price Index (CPI) rose 3.4% in the 12 months to November 2025, down from a 3.8% rise in the 12 months to October 2025.
  • The largest contributors to annual inflation over the past 12 months were Housing (+5.2%), Food and non-alcoholic beverages (+3.3%), and Transport (+2.7%).
  • In the month of November, the CPI was flat (0.0%) in original terms and rose 0.2% in seasonally adjusted terms.
  • Trimmed mean inflation was 3.2% in the 12 months to November 2025, down from 3.3% in the 12 months to October 2025.

What's new this month

Complete monthly measure of the CPI

Australia’s primary measure of headline inflation has transitioned from the quarterly CPI to a complete monthly measure of the CPI. Further details on the monthly CPI are available in the following links:

Media statement: Australia’s first complete Monthly CPI

Introducing the new monthly CPI time series

Introducing the new monthly CPI time series - extended analysis and Trimmed mean

Quarterly data

The latest quarterly CPI publication for the September 2025 quarter can be found here

The ABS will continue to produce quarterly CPI data (calculated as the average of the three relevant Monthly CPIs) to support those needing quarterly CPI figures for indexation, contract or other purposes. December quarter 2025 CPI data will be published on Wednesday, 28 January 2026. Following that publication, quarterly 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).

Re-referencing the quarterly CPI data

The previously published quarterly index will be re-referenced and aligned to the new monthly series. September 2025 will serve as the link period where the index will equal 100.00. This process will create a continuous historical time series for the quarterly CPI. While the levels of the quarterly CPI index will change due to re-referencing, the percentage movements of the index will not be revised. The re-referenced quarterly indexes will be published for the first time in the December 2025 CPI release on Wednesday, 28 January 2026. 

Main features

 

Weighted average of eight capital cities
  OriginalSeasonally adjusted
Weighted average of eight capital citiesOct 25 to Nov 25
(% change)
Nov 24 to Nov 25
(% change)
Oct 25 to Nov 25
(% change)
Nov 24 to Nov 25
(% change)
All groups CPI0.03.40.23.5
 Food and non-alcoholic beverages0.43.30.33.3
 Alcohol and tobacco0.14.30.64.2
 Clothing and footwear-3.15.10.04.6
 Housing1.15.20.95.2
 Furnishings, household equipment and services-0.91.3-0.41.4
 Health-0.53.6-0.23.6
 Transport0.32.70.32.7
 Communication0.41.30.61.3
 Recreation and culture-1.12.0-0.72.3
 Education0.05.40.45.4
 Insurance and financial services0.12.50.32.5
CPI analytical series    
 All groups CPI, seasonally adjusted  0.23.5
 Trimmed mean  0.33.2
 Weighted median  0.33.4

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 Group to the All groups CPI annual movement. The contribution is a combination of the Group’s weight and annual movement. The sum of all the Group contributions equal the CPI annual movement.

Weighted average of eight capital cities

Weight

(%) 

November 2025 annual movement

(% Change)

November 2025 contribution to total CPI

(percentage points)

All groups CPI1003.43.4
Food and non-alcoholic beverages17.43.30.5754
Alcohol and tobacco6.54.30.2787
Clothing and footwear3.25.10.1634
Housing21.45.21.1200
Furnishings, household equipment and services7.91.30.0998
Health6.73.60.2459
Transport11.52.70.3006
Communication2.11.30.0282
Recreation and culture13.12.00.2399
Education4.75.40.2522
Insurance and financial services5.62.50.1417

 

Overview

Annual inflation eased for both the CPI and Trimmed mean in November

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

Trimmed mean inflation was 3.2 per cent in the 12 months to November 2025, down from 3.3 per cent in the 12 months to October 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 eased for both Goods and Services in November

Annual Goods inflation was 3.3 per cent in the 12 months to November, down from 3.8 per cent to October. The main reason for lower annual Goods inflation in November was Electricity, which rose 19.7 per cent in the 12 months to November, compared to 37.1 per cent to October. 

Annual Services inflation was 3.6 per cent in the 12 months to November, down from 3.9 per cent to October. Annual Services inflation eased due to Domestic Holiday travel, following high demand in October from school holidays in all states and territories and major sporting events.  The main contributors to annual Services inflation to November were Rents (+4.0 per cent) and Medical and hospital services (+4.6 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 19.7 per cent in the 12 months to November 2025. The annual rise in electricity costs is primarily related to the Queensland State Government electricity rebate being used up by households. This is down from a 37.1 per cent rise to October 2025, reflecting that more households received catch-up payments of the Commonwealth Energy Bill Relief Fund (EBRF) rebate in 2024 compared to 2025. 

In November last year, the $1,000 State Government electricity rebate was in place for Queensland households, and 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 to November compared to a 5.0 per cent rise in the 12 months to October. This increase in electricity prices for the year reflects annual price reviews by energy retailers in July 2025. 

In monthly terms, electricity costs rose 6.8 per cent in November 2025. The rise this month was driven by NSW and ACT, as households in these States received a single payment of the extended EBRF rebate this month after receiving a catch-up payment in October in lieu of not receiving a payment in July. 

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

Rents rose 4.0 per cent in the 12 months to November 2025, down from 4.2 per cent to October 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 4.3 per cent in the 12 months to November 2025, down from a rise of 4.5 per cent in the 12 months to October 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 2.8 per cent in the 12 months to November 2025, up from a 1.7 per cent rise to October 2025. 

In monthly terms, new dwellings rose 0.5 per cent following a similar (+0.4 per cent) rise in October 2025. Project home builders in some cities have raised base prices in response to increased demand and to pass through higher costs. 

Food and non-alcoholic beverages

Annual inflation for Food and non-alcoholic beverages was 3.3 per cent in the 12 months to November 2025, up from 3.2 per cent to October 2025.

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

Prices for Meat and seafood rose 3.9 per cent in the 12 months to November 2025. The annual rise was driven by Beef and veal (+11.4 per cent) and Lamb and goat (+12.3 per cent) due to continued strong overseas demand for Australian red meat. 

Food products n.e.c. prices rose 3.6 per cent in the 12 months to November 2025. The annual rise was driven by Snacks and confectionery (+7.1 per cent) due to ongoing cocoa shortages.

Non-alcoholic beverages prices increased 4.7 per cent in the 12 months to November 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.

Fruit and vegetable prices increased 2.7 per cent in the 12 months to November 2025, up from a 1.8 per cent increase to October 2025. In monthly terms, Fruit prices rose 0.9 per cent in November with higher prices for apples and citrus fruits. 

Transport

Annual inflation for Transport was 2.7 per cent to November, unchanged from the annual inflation to October. Automotive fuel prices rose 3.5 per cent in the 12 months to November up from a 1.9 per cent increase to October. 

In monthly terms, Automotive fuel prices rose 2.5 per cent in November, the strongest monthly rise since June 2025 (+3.6 per cent). Average unleaded fuel prices were 4.8 cents per litre higher compared to October 2025. 

Maintenance and repair of vehicles rose 5.1 per cent in the 12 months to November 2025, reflecting elevated levels of wages and operating costs.

Main contributors to change

CPI groups

Food and non-alcoholic beverages group (+3.3%)

Alcohol and tobacco group (+4.3%)

Clothing and footwear group (+5.1%)

Housing group (+5.2%)

Furnishings, household equipment and services group (+1.3%)

Health group (+3.6%)

Transport group (+2.7%)

Communication group (+1.3%)

Recreation and culture group (+2.0%)

Education group (+5.4%)

Insurance and financial services group (+2.5%)

Analytical series

Analytical series

 

Oct 25 to Nov 25

(% change)

Nov 24 to Nov 25

(% change)

Trimmed mean 0.33.2
Weighted median0.33.4
CPI excluding volatile items*-0.13.5
CPI excluding volatile items* and holiday travel0.13.6
Tradables-0.31.8
Non-tradables0.24.3
Goods0.23.3
Services-0.23.6
Discretionary-0.82.5
Non-discretionary0.64.1
All groups CPI, seasonally adjusted0.23.5

*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 (%)
 Nov 2025Oct 2025 to Nov 2025Nov 2024 to Nov 2025 
Sydney100.060.23.4
Melbourne100.070.13.0
Brisbane99.96-0.35.1
Adelaide100.170.13.3
Perth99.56-0.32.8
Hobart100.32-0.13.6
Darwin100.11-0.13.2
Canberra100.260.33.3
Weighted average of eight capital cities100.010.03.4
  1. Index reference period: September 2025 = 100.0.
Group by capital city, annual percentage change
GroupSydneyMelbourneBrisbaneAdelaidePerthHobartDarwinCanberraWeighted average of eight capital cities
All groups3.43.05.13.32.83.63.23.33.4
Food & non-alcoholic beverages3.33.33.73.13.04.43.23.13.3
Alcohol & tobacco3.53.95.85.63.87.54.44.14.3
Clothing & footwear5.05.05.54.25.95.45.94.75.1
Housing5.53.812.24.30.94.03.13.75.2
Furnishings, household equipment and services1.30.52.01.51.70.92.01.91.3
Health4.03.13.43.74.12.43.43.23.6
Transport2.22.13.82.43.62.74.34.72.7
Communication1.31.31.31.31.31.41.31.41.3
Recreation & culture1.71.21.82.54.02.82.32.02.0
Education5.65.54.84.45.64.55.26.15.4
Insurance & financial services2.53.22.72.00.93.61.42.32.5

Data downloads

Data files

Capital Cities

Data files

Appendix 1

Quarterly data will be included in the December 2025 publication, scheduled for release on Wednesday, 28 January 2026.

Appendix 2

APPENDIX 2. CPI: Index Points contribution April 2024 to December 2024

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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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