Inflation Rate of Australia

5.6%

#39 of 238 Economy

Annual rate at which consumer prices rise.

Historical trend

🤖 AI summary

Australia's Inflation Rate stands at 5.6%. That ranks 39th of 238 countries tracked — mid-table. It sits above the Australia and New Zealand average (by 43%). Since 2000 it has held roughly steady.

Automatically generated from the data — updates when the numbers change.

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Similar in Inflation Rate

CountryInflation Rate
Mexico 5.5%
India 5.4%
Italy 5.9%
Russia 5.9%
Anguilla 6.0%
Antigua and Barbuda 6.0%

Related statistics

Frequently asked questions

What is the Inflation Rate of Australia?

Australia's Inflation Rate is 5.6% (latest available, IMF / World Bank (2023)).

How does Australia rank for Inflation Rate?

Australia ranks 39th out of 238 countries.