Forex Fundamentals
Australia Inflation Rate (CPI)

Australia Inflation Rate (CPI) 26 April 2023

Australia Inflation Rate (CPI) 26 April 2023: 7% for Q1 2023, above the 6.9% forecast and down from 7.8% in Q4 2022. It is the lowest reading since Q2 2022. It is the third release in a row above the forecast. Printed 7%, above the 2–3% target band. It was released on Wed 26 Apr 2023 at 01:30 UTC.

These figures were verified on 4 Oct 2026 from the source: Australian Bureau of Statistics. This page reports the release as published: the figures, the consensus forecast and what a print like it usually does to the currency.

Actual
7%
Q1 2023
Forecast
6.9%
The market consensus
Previous
7.8%
As the source gives it

What a print like this usually does

Above the forecast: An upside surprise, especially with persistent underlying inflation, can lift the Australian dollar meaningfully by shifting expected RBA rates higher.

Australia Inflation Rate (CPI) 26 April 2023: 7% for Q1 2023 against a 6.9% forecast, with the last 12 releases
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Cite this release

If you cite this release, please link to this page:

Australia Inflation Rate (CPI) 26 April 2023: 7% vs 6.9% forecast (Australian Bureau of Statistics). Forex Fundamentals, https://forexfundamentals.com/economic-calendar/au-cpi/2023-04-26

The last 12 releases · times in UTC
ReleasedForActualForecastPrevious
26 Apr 2023Q17%6.9%7.8%
25 Jan 2023Q47.8%7.5%7.3%
26 Oct 2022Q37.3%7%6.1%
27 Jul 2022Q26.1%6.2%5.1%
27 Apr 2022Q15.1%4.6%3.5%
25 Jan 2022Q43.5%3.2%3%
27 Oct 2021Q33%3.1%3.8%
28 Jul 2021Q23.8%3.8%1.1%
28 Apr 2021Q11.1%1.4%0.9%
27 Jan 2021Q40.9%0.7%0.7%
28 Oct 2020Q30.7%0.7%-0.3%
29 Jul 2020Q2-0.3%-0.4%2.2%
The release before:Australia Inflation Rate (CPI) 25 January 2023The release after:Australia Inflation Rate (CPI) 26 July 2023Australia Inflation Rate (CPI): every recent resultThis week’s economic calendar