Australia’s annual inflation eased slightly in November 2025, with the consumer price index rising 3.4% over the 12 months to the month, down from 3.8% in October 2025, according to the latest data from the Australian Bureau of Statistics.
Michelle Marquardt, ABS head of price statistics, said the slowdown reflects moderating costs across both goods and services.
Housing remained the largest contributor to annual inflation, rising 5.2%, driven by increases in rents, new dwellings, and electricity.
Electricity prices, in particular, rose 19.7% over the year, down from a 37.1% increase in October 2025, following the tapering of state and federal household electricity rebates.
Annual services inflation eased to 3.6%, supported by lower costs for domestic holiday travel after a surge in October 2025.
