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Australia AUD

Australia GDP Chain Price Index QoQ

Info

History

Chart

Impact:

High

Source: Australian Bureau of Statistics

Latest Release:

Date:

Actual:

0.8%

Forecast:

Previous/Revision:

-0.5%

Period: Q3

Next Release:

Date:

Period: Q4

What Does It Measure?

The GDP Chain Price Index (CPI) measures the overall changes in the prices of goods and services included in Australia’s Gross Domestic Product (GDP) within a specific quarter. It focuses on assessing inflationary pressures related to economic output and reflects how price changes impact economic growth, with key indicators including consumption, investment, and government spending, indicating expansion above 100 and contraction below.

Frequency

The GDP Chain Price Index is released quarterly, and the figures published are typically final estimates, with preliminary data often issued about six weeks after the quarter ends, followed by the final data a few months later.

Why Do Traders Care?

Traders closely monitor the GDP Chain Price Index as it provides crucial insights into inflation trends affecting monetary policy, which can influence currency strength, interest rates, and equity markets. Higher-than-expected values are generally considered bullish for the Australian dollar (AUD) while suggesting possible interest rate adjustments, which may impact stock valuations positively or negatively.

What Is It Derived From?

The index is derived from national accounts data collected from various sectors, including government and private economic activity, using a chain-weighting methodology that accounts for changes in consumption patterns over time. The calculation involves assessing price data from a wide range of goods and services, updating the basket periodically to reflect current economic conditions.

Description

The GDP Chain Price Index serves as an essential indicator of inflation as it measures the average price changes associated with the total value of goods and services produced in Australia. It provides analysts and policymakers with a gauge of real economic activity and its relationship to inflation, allowing for informed decisions regarding monetary policy and fiscal response.

Additional Notes

As a coincident economic measure, the GDP Chain Price Index has significant implications for understanding current economic conditions in Australia, providing contextual insights in relation to other economic reports like the Consumer Price Index (CPI) and Producer Price Index (PPI). It is crucial for evaluating the effectiveness of regional and national economic policies and can have broader implications for global economic trends.

Legend

High Potential Impact
This event has a strong potential to move markets significantly. If the 'Actual' value differs enough from the forecast or if the 'Previous' value is significantly revised, it signals new information that markets may rapidly adjust to.

Medium Potential Impact
This event may cause moderate market movement, especially if the 'Actual' deviates from the forecast or there's a notable revision to the 'Previous' value.

Low Potential Impact
This event is unlikely to affect market pricing unless there's an unexpected surprise or a major revision to prior data.

Surprise - Currency May Strengthen
Actual deviated from Forecast on a medium or high impact event and historically could strengthen the currency.

Surprise - Currency May Weaken
Actual deviated from Forcast on a medium or high impact event and historically could weaken the currency.

Big Surprise - Currency More Likely To Strengthen
'Actual' deviated from 'Forecast' more than 75% of historical deviations on a medium or high impact event and may likely strengthen the currency.

Big Surprise - Currency More Likely To Weaken
'Actual' deviated from 'Forecast' more than 75% of historical deviations on a medium or high impact event and may likely weaken the currency

Green Number	Better than forecast for the currency (or previous revise better)
Red Number	Worse than forecast for the currency (or previous revise better)
Hawkish	Supports higher interest rates to fight inflation, strengthening the currency but weighing on stocks.
Dovish	Favors lower rates to boost growth, weakening the currency but lifting stocks.

Date	Actual	Previous
Dec 03, 2025	0.8%	-0.5%
Sep 03, 2025	-0.5%	0.6%
Jun 04, 2025	0.5%	1.4%
Mar 05, 2025	1.4%	-0.2%
Dec 04, 2024	-0.2%	-0.8%
Sep 04, 2024	-0.9%	1%
Jun 05, 2024	0.8%	2%
Mar 06, 2024	2%	0.5%
Dec 06, 2023	0.6%	-2.2%
Sep 06, 2023	-2.2%	1.7%
Jun 07, 2023	1.8%	0.6%