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Australian monthly trimmed mean inflation

Underlying inflation from the monthly CPI.

Latest
3.6%
Aug 2026
Previous
3.6%
Jul 2026
Change
0.0 pp
From the previous reading
Frequency
Monthly
History from Apr 2025
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Australian monthly trimmed mean inflation

Underlying inflation from the monthly CPI.

Monthly trimmed mean: 3.6% in Aug 2026 (previous 3.6% in Jul 2026). Since Apr 2025 the low was 2.8% (Jun 2025) and the high 3.6% (Jun 2026).
Monthly trimmed mean
3.6%
Aug 2026 · change 0.0 pp
Data table
Latest observations: Australian monthly trimmed mean inflation
Period Monthly trimmed mean
Aug 2026 3.6%
Jul 2026 3.6%
Jun 2026 3.6%
May 2026 3.5%
Apr 2026 3.4%
Mar 2026 3.3%
Feb 2026 3.3%
Jan 2026 3.3%
Dec 2025 3.3%
Nov 2025 3.2%
Oct 2025 3.3%
Sep 2025 3.2%

About this indicator

What it measures
Year-ended trimmed mean inflation from the complete monthly CPI, seasonally adjusted.
How it is calculated
Published by the ABS as the percentage change from the corresponding month of the previous year.
How to read it
A monthly read on the RBA's preferred underlying measure.
Caveats
Starts in April 2025, so there is little history to compare with.
Frequency
Monthly
Typical release
Monthly with the monthly CPI.

Sources

  • Monthly CPI, Trimmed mean, percentage change from corresponding month of previous year ABS Data API, dataflow CPI, key 3.999902.20.50.M · Per cent, seasonally adjusted 17 observations stored (1 Apr 2025 to 1 Aug 2026) View at the source (opens in a new tab)

Recent observations

Newest first. For a calculated figure, the source value it comes from is shown beside it.

Recent observations: Australian monthly trimmed mean inflation
Period Monthly trimmed mean First recorded here
Aug 2026 3.6% 20 Oct 2026
Jul 2026 3.6% 20 Oct 2026
Jun 2026 3.6% 20 Oct 2026
May 2026 3.5% 20 Oct 2026
Apr 2026 3.4% 20 Oct 2026
Mar 2026 3.3% 20 Oct 2026
Feb 2026 3.3% 20 Oct 2026
Jan 2026 3.3% 20 Oct 2026
Dec 2025 3.3% 20 Oct 2026
Nov 2025 3.2% 20 Oct 2026
Oct 2025 3.3% 20 Oct 2026
Sep 2025 3.2% 20 Oct 2026
Aug 2025 3.1% 20 Oct 2026
Jul 2025 3.1% 20 Oct 2026
Jun 2025 2.8% 20 Oct 2026
May 2025 3.0% 20 Oct 2026
Apr 2025 3.2% 20 Oct 2026

Revisions

We record a revision when a value we already hold changes at the source. Tracking began on 20 Oct 2026, so revisions made before then are not shown, and figures are in the source's own units.

No revisions detected

No stored value has changed since tracking began.

Australia · Inflation and purchasing power

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