Economy dashboard · Prices & inflation

As at 13 October 2026 · official data unless labelled

Electricity prices, annual change (CPI)

13.2%Above its 2-year average▲ 7.1 ptsAugust 2026vs 2-year average 7.43%

What the numbers are telling us

Electricity prices, annual change (CPI) was 13.2% in August 2026, up 7.1 pts on the previous reading (6.1%).

It is above its 2-year average of 7.43%, which is a worse reading than usual.

Why it matters

Electricity swings with wholesale prices and government rebates, and often explains gaps between headline and underlying inflation.

What it should be

There is no official target for this measure, so it is judged against its own 2-year average of 7.43%: lower is better.

Electricity: the last 36 readings
Electricity prices, annual change (CPI), 2023-09 to 2026-08
1813.22023-092026-08
Source: ABS, Consumer Price Index, Australia (monthly).

Every figure on this page is calculated from the stored official series (ABS, Consumer Price Index, Australia (monthly)); the summary is written from the numbers, not edited by hand.