GDP Deflator in Australia increased to 113.62 points in the fourth quarter of 2022 from 111.83 points in the third quarter of 2022. source: Australian Bureau of Statistics

GDP Deflator in Australia averaged 46.28 points from 1959 until 2022, reaching an all time high of 113.62 points in the fourth quarter of 2022 and a record low of 5.77 points in the third quarter of 1959. This page provides - Australia GDP Deflator - actual values, historical data, forecast, chart, statistics, economic calendar and news. Australia GDP Implicit Price Deflator - data, historical chart, forecasts and calendar of releases - was last updated on June of 2023.

GDP Deflator in Australia is expected to be 118.31 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Australia GDP Deflator is projected to trend around 122.07 points in 2024 and 124.88 points in 2025, according to our econometric models.

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Australia GDP Implicit Price Deflator

Calendar GMT Actual Previous Consensus TEForecast
2022-12-07 12:30 AM Q3 0.2% 3.2%
2023-03-01 12:30 AM Q4 1.6% 0.5%

Related Last Previous Unit Reference
Inflation Rate 7.00 7.80 percent Mar 2023
Inflation Rate MoM 1.40 1.90 percent Mar 2023
Consumer Price Index CPI 132.60 130.80 points Mar 2023
Core Inflation Rate 6.60 6.90 percent Mar 2023
Core Consumer Prices 130.89 129.36 points Mar 2023
GDP Deflator 113.62 111.83 points Dec 2022
Producer Prices 124.40 123.20 points Mar 2023
Producer Prices Change 5.20 5.80 percent Mar 2023
Export Prices 184.90 181.90 points Mar 2023
Import Prices 132.60 138.40 points Mar 2023
Food Inflation 8.00 8.00 percent Mar 2023
CPI Transportation 126.70 125.90 points Mar 2023
CPI Housing Utilities 141.70 139.00 points Mar 2023

Australia GDP Implicit Price Deflator
In Australia, implicit price deflator (IPD) is obtained by dividing a current price value by its real counterpart (the chain volume measure). When calculated from the major national accounting aggregates, such as gross domestic product, IPDs relate to a broader range of goods and services in the economy than that represented by any of the individual price indexes published by the Australian Bureau of Statistics. Movements in an implicit price deflator reflect both changes in price and changes in the composition of the aggregate for which the deflator is calculated.
Actual Previous Highest Lowest Dates Unit Frequency
113.62 111.83 113.62 5.77 1959 - 2022 points Quarterly
2020-2021=100, SA