The Economic PictureA clearer view of Australia.
Data edition · September 2026 monthly CPI release
Australia · The inflation snapshot

How are prices changing?
See the full picture.

Inflation tells us how quickly prices are changing. Here’s the big picture, what’s driving it, and why it matters.

Annual inflation · September 2026 · Monthly CPI
4.3%
Headline inflation

All prices in the CPI basket

3.6%
Trimmed mean

Underlying inflation, with unusually large price movements trimmed out

Why two measures?

Headline inflation measures the overall change in prices across the CPI basket. The trimmed mean removes the largest price rises and falls, by expenditure weight, to help show the broader pattern of inflation.

Both figures here describe changes over the same year.

September 2026 · Monthly CPI · Weighted average of eight capital cities

What’s underneath

Not every price change has the same impact.

It depends on how much prices change and how much of the spending basket they represent. Open a category in the graphic or bars to explore its detail.

In ABS category names, n.e.c. means not elsewhere classified — items not separately listed under a more specific category.

The spending basket

The spending basket Area = share of the whole basket

Where space allows, blocks show basket weight and annual price change. On narrow screens some labels are shortened or hidden; the full category names appear in the contribution list below.

What contributed to inflation Percentage points · Annual · September 2026 · Monthly CPI

Published contributions to overall CPI annual inflation. Child categories overlap with their parents and should not be added to them.

Basket areas use the 2025 CPI weighting pattern, retained for 2026. December 2024 is its price-reference period. Annual price changes and contributions are September 2026 monthly CPI observations. Contributions use published ABS figures.