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Australian CPI Annual Inflation Falls to 4.2% in April 2026

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"Annual CPI inflation in the 12 months to April was 4.2%, falling from 4.6% in March."

Consumer Price Index Slips to 4.2% in April

The Consumer Price Index (CPI) rose 4.2% in the 12 months to April 2026, according to the Australian Bureau of Statistics (ABS). This marks a notable decrease from the 4.6% annual inflation recorded in March.

Key Details

  • Housing, the highest weighted group in the CPI, rose 6.3% and was the largest contributor to annual inflation.
  • Transport rose 6.6%, easing significantly from an 8.9% rise in March.

Statement

Sue-Ellen Luke, ABS head of price statistics, confirmed that annual CPI inflation in the 12 months to April was 4.2%, falling from 4.6% in March.