Forex Fundamentals
Australia Inflation Rate (CPI)

Australia Inflation Rate (CPI) 28 January 2026

Australia Inflation Rate (CPI) 28 January 2026: 3.8% for December 2025, above the 3.6% forecast and against 3.4% in October 2025 (first reported as 3.8%). It is the third release in a row above the forecast. Printed 3.8%, above the 2–3% target band. It was released on Wed 28 Jan 2026 at 00:30 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
3.8%
December 2025
Forecast
3.6%
The market consensus
Previous
3.4%
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) 28 January 2026: 3.8% for December 2025 against a 3.6% 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) 28 January 2026: 3.8% vs 3.6% forecast (Australian Bureau of Statistics). Forex Fundamentals, https://forexfundamentals.com/economic-calendar/au-cpi/2026-01-28

The last 12 releases · times in UTC
ReleasedForActualForecastPrevious
28 Jan 2026Dec3.8%3.6%3.4%
26 Nov 2025Oct3.8%3.6%3.6%
29 Oct 2025Q33.2%3%2.1%
30 Jul 2025Q22.1%2.2%2.4%
30 Apr 2025Q12.4%2.3%2.4%
29 Jan 2025Q42.4%2.5%2.8%
30 Oct 2024Q32.8%2.9%3.8%
31 Jul 2024Q23.8%3.8%3.6%
24 Apr 2024Q13.6%3.4%4.1%
31 Jan 2024Q44.1%4.3%5.4%
25 Oct 2023Q35.4%5.3%6%
26 Jul 2023Q26%6.2%7%
The release before:Australia Inflation Rate (CPI) 26 November 2025The release after:Australia Inflation Rate (CPI) 25 February 2026Australia Inflation Rate (CPI): every recent resultThis week’s economic calendar