Monthly Consumer Price Index Indicator

This release has ceased

The monthly CPI indicator is a measure of inflation and includes statistics about prices for categories of households expenditure

Reference period
September 2025
Release date and time
29/10/2025 11:30am AEDT

Key statistics

  • The monthly CPI indicator rose 3.5% in the 12 months to September.
  • The largest contributors to the annual movement were Housing (+5.6%), Food and non-alcoholic beverages (+3.1%), and Alcohol and tobacco (+5.5%).  

What's new this month

Complete monthly measure of the CPI

The first release of the complete Monthly CPI will be published on Wednesday, 26 November 2025, using the October 2025 reference month. Today marks the final time that the quarterly CPI will be the primary measure of headline inflation and the last release of the Monthly CPI Indicator. More details are available in our media statement: ABS announces the Monthly CPI to start in November 2025.

Transition to monthly CPI

An information paper Evolving Australia's Consumer Price Index has been released today. It highlights how the collection and publication of prices in Australia has evolved over time from its beginnings in the early 1900s through to the current transition from the quarterly CPI to the complete Monthly CPI.

Monthly CPI publication

A mock-up of the complete Monthly CPI publication (including table shells and series IDs) was published on the Complete monthly measure of the CPI page on 30 September.

Main features

Weighted average of eight capital cities, annual movement
 Jul 24 to Jul 25 % changeAug 24 to Aug 25 % changeSep 24 to Sep 25 % change
All groups monthly CPI2.83.03.5
Food and non-alcoholic beverages3.03.03.1
 Bread and cereal products1.92.11.9
 Meat and seafood2.42.93.4
 Dairy and related products0.21.32.6
 Fruit and vegetables4.81.10.7
 Food products n.e.c.3.74.14.3
 Non-alcoholic beverages5.74.95.5
Alcohol and tobacco6.56.05.5
 Alcohol3.83.12.2
 Tobacco12.412.613.5
Clothing and footwear2.33.02.1
 Garments1.22.10.8
Housing3.64.55.6
 Rents3.93.73.8
 New dwelling purchases by owner-occupiers0.40.71.5
 Electricity13.624.633.9
 Gas and other household fuels4.74.16.4
Furnishings, household equipment and services0.90.91.0
Health4.14.14.1
Transport-1.00.42.3
 Automotive fuel-5.5-1.72.8
Communications0.81.91.9
Recreation and culture2.61.41.9
 Holiday travel and accommodation3.31.11.9
Education5.65.55.3
Insurance and financial services3.13.02.6
CPI analytical series   
 Seasonally adjusted2.83.03.5
 CPI excluding volatile items* and holiday travel3.23.43.7
 Annual trimmed mean2.72.62.8

* Volatile items are Fruit and vegetables and Automotive fuel

Monthly overview

The monthly CPI indicator rose 3.5% in the 12 months to September, following a 3.0% rise in the 12 months to August. 

The monthly CPI indicator excluding volatile items and holiday travel rose 3.7% in the 12 months to September following a 3.4% rise in the 12 months to August. This series excludes Automotive fuel, Fruit and vegetables, and Holiday travel and accommodation. 

The annual trimmed mean is an alternative measure of underlying inflation that reduces the impact of irregular or temporary price changes. Annual trimmed mean inflation, which this month excluded the annual rise in Electricity prices, alongside other large price rises and falls, was 2.8% to September, up from 2.6% to August. 

*Volatile items are Fruit and vegetables and Automotive fuel

Electricity

Electricity rose 33.9% in the 12 months to September. The annual rise in electricity costs is primarily related to State Government rebates being used up by households combined with annual price reviews in July that increased electricity prices across all capital cities.

In September last year, State Government electricity rebates that were in place included the Queensland $1,000 State rebate, the Western Australia $400 State rebate and the Tasmania $250 State rebate. Over the year, those rebates have been used up and those programs have finished. As a result, households in those States have higher out of pocket electricity costs in September 2025 than they did in September 2024.

For households in Western Australia, the 2024-25 Commonwealth Energy Bill Relief Fund (EBRF) rebate was also in place in September last year. This year, Western Australian households will receive the payment from the extended Commonwealth EBRF rebate program from 11 October. This change in the timing of EBRF payments for Western Australian households also contributed to higher out of pocket electricity costs in September 2025 than in September 2024. 

Excluding the impact of the various changes in Commonwealth and State electricity rebates, over the last year electricity prices would have increased 5.9 per cent. 

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. First instalment of the extended 2024-25 EBRF rebates for all households in VIC, QLD, SA, TAS and NT

d. First instalment of the extended 2024-25 EBRF rebates for all households in NSW and ACT

The following table shows the timing of electricity rebates for the time periods August 2024, September 2024, August 2025 and September 2025. Timing of rebates 12 months ago can have an impact on annual movements. 

Timing of electricity rebates
StateAugust 2024September 2024August 2025September 2025
NSW$75 (a) (c)$75 (a)$75 (b)$75 (b)
VIC$75 (a) (c)$75 (a)$75 (b)$75 (b)
QLD$1,000 State rebate
$75 (a)
$1,000 State rebate
$75 (a)
$75 (b)$75 (b)
SA$75 (a)$75 (a)$75 (b)$75 (b)
WA$200 State rebate instalment
$150 (a)
$200 State rebate instalment
$150 (a)
  
TAS$250 State rebate
EBRF 2023-24 payment (d)
$75 (a)
$250 State rebate
EBRF 2023-24 payment (d)
$75 (a)
$75 (b)$75 (b)
NT$75 (a)$75 (a)$75 (b)$75 (b)
ACT$75 (a)$75 (a)$75 (b)$75 (b)

(a) 2024-25 EBRF instalment

(b) EBRF 2025 extension instalment

(c) The first payments of the electricity rebate started part way through the month resulting in smaller impact on the CPI than in months where all households, who were billed that month, received the rebate.

(d) Eligible households in Tasmania received the 2023-24 EBRF payments over two financial years with the first payment in September quarter 2023 and the final payment in June quarter 2025.

Rents

Rents rose 3.8% in the 12 months to September up from a 3.7% rise in the 12 months to August. 

In monthly terms, rental prices rose 0.2% in September following a 0.3% rise in August. The usual biannual indexation of Commonwealth Rent Assistance (CRA) occurred on 20 September 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, which capture new builds and major renovations, rose 1.5% in the 12 months to September, compared to a 0.7% rise in the 12 months to August. 

In the month of September, new dwelling prices rose 0.7% as project home builders increased prices and reduced discounts and promotional offers in some cities.

Food and non-alcoholic beverages

Annual inflation for Food and non-alcoholic beverages was 3.1% to September, up from 3.0% to August, and has remained around 3% for the past twelve months.

Prices for meat and seafood increased 3.4% in the 12 months to September 2025 up from a 2.9% rise to August. The annual rise was driven by Lamb and goat (+12.9%) and Beef and veal (+7.3%) following reduced supply and increased international demand pushing up prices.

Fruit and vegetable prices increased 0.7% in the 12 months to September down from a 1.1% increase to August. In monthly terms Fruit and vegetable prices fell 4.0% in September. The fall was due to price drops for in-season produce including berries, broccolini and cucumbers. 

Automotive fuel

Automotive fuel prices rose 2.8% in the 12 months to September, compared to a fall of 1.7% in the 12 months to August. This was the first annual rise since July 2024 (4.0%). Average unleaded fuel prices were 4.1 cents per litre higher compared to September 2024. 

In September 2025, Automotive fuel prices rose 0.5% for the month, following a 0.8% rise in August. 

Holiday travel and accommodation

Holiday travel and accommodation prices rose 1.9% in the 12 months to September, following a 1.1% rise in the 12 months to August. 

In monthly terms, Holiday travel and accommodation prices rose 4.8% in September. The main contributor to the rise was Domestic holiday travel and accommodation (+4.0%) as demand increased during the school holiday period. 

Data downloads

Time Series Spreadsheets

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 monthly CPI indicator.

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

Detailed monthly data

Monthly Expenditure class data

About the monthly CPI indicator

What is the monthly CPI Indicator?

Introducing monthly indicators of underlying inflation

Articles

Measuring Rents in the CPI 

Using price indexes

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. 

Consistent with existing policy, the ABS does not comment on the use (or otherwise) of the price indexes we publish. However, it should be noted that the monthly CPI indicator may be routinely subject to revision, in contrast to the quarterly CPI which is only revised in exceptional circumstances.

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

Frequently Asked Questions (FAQs) specific to the monthly CPI indicator can be found in the Information paper: Introducing a monthly CPI indicator for Australia FAQs 

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

Methodology

Scope

The monthly CPI indicator 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 in a range of frequencies including monthly, quarterly, and annually 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

  • Annual update of CPI weights January 2025.
  • Annual update of CPI weights January 2024.
  • Partial update of CPI weights July 2023.
  • Monthly Gas series included June 2023.
  • Annual trimmed mean included April 2023.
  • Monthly Electricity included February 2023.
View full methodology
Back to top of the page