Economy dashboard · Prices & inflation
As at 13 October 2026 · official data unless labelled
Trimmed mean inflation (quarterly CPI), annual
What the numbers are telling us
Trimmed mean inflation (quarterly CPI), annual was 3.6% in the June quarter 2026, up 0.1 pts on the previous reading (3.5%).
That is 0.6 pts above the RBA's 2–3 per cent target band.
It is above its 10-year average of 2.81%.
Across 37 OECD countries (2025), Australia ranks 18th highest of 37 on consumer price inflation, above the median of 2.84%.
Why it matters
The quarterly measure with the longest history, used in the RBA's forecasts.
What it should be
The RBA aims to keep inflation between 2 and 3 per cent, averaged over time. Reserve Bank of Australia, Inflation target. The OECD median is 2.84%.
Every figure on this page is calculated from the stored official series (ABS, CPI_Q (ABS Data API)); the summary is written from the numbers, not edited by hand.