The cost of most everyday items is up. Here’s by how much.<\/p>\n
If it feels like (almost) everything is getting more expensive, that’s because it is.<\/p>\n
The impact of the Iran war is seeping through the economy, with Treasurer Jim Chalmers saying Australians are already paying a “hefty price” for the conflict.<\/p>\n
This week, headline inflation jumped to 4.6 per cent<\/a>. That’s the highest it’s been since September 2023, when the nation’s economy was rebounding after the COVID-19 pandemic. And it raises the chances of more interest rate rises.<\/p>\n Below, we’ve tracked exactly what’s going on with prices, from beef and books to furniture and insurance.<\/p>\n It’s worth noting electricity sits first and foremost on the list. Its big, all-at-once jump is largely due to the removal of various government subsidies<\/a> that had helped people cover their soaring power costs (which, in turn, were mostly caused by the war in Ukraine).Use the controls to select different time periods and categoriesAbout the dataData is from the Australian Bureau of Statistics, specifically the March 2026 Consumer Price Index release<\/a>, retrieved via the ABS Data API.The change over three months and one year is calculated from monthly CPI data.The monthly CPI series is relatively new and only available for all categories since April 2024, so the figures displayed when “Since COVID” is selected use quarterly CPI data from the same March 2026 ABS release.The ABS notes that changes to the Pharmaceutical Benefits Scheme non-concession patient co-payments changed in January 2026, which is why prices paid by consumers for pharmaceuticals have fallen marginally over the 12 months to March 2026.It also notes: “Electricity costs rose 25.4 per cent in the 12 months to March 2026. The annual rise in electricity costs is primarily related to Commonwealth and state government electricity rebates being used up by households. This is down from a 37.0 per cent rise in the 12 months to February 2026 due to the timing of rebate payments in 2025. Excluding the impact of the Commonwealth and state government electricity rebates over the previous year, electricity prices rose 3.9 per cent in the 12 months to March. This reflects annual price reviews by energy retailers in July 2025.”In the category “Other food products” n.e.c. stands for “not elsewhere classified”.<\/p>\n","protected":false},"excerpt":{"rendered":"The cost of most everyday items is up. Here’s by how much. If it feels like (almost) everything…\n","protected":false},"author":2,"featured_media":639420,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[64,63,99,20643,164,261581,46328,1295,2722,92415,5465,49202,14819,9074,7054,183],"class_list":["post-639419","post","type-post","status-publish","format-standard","has-post-thumbnail","category-economy","tag-au","tag-australia","tag-business","tag-clothing","tag-economy","tag-everyday-items","tag-expenses","tag-food","tag-groceries","tag-household-items","tag-inflation","tag-inflation-data","tag-michele-bullock","tag-prices","tag-rba","tag-reserve-bank-of-australia"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/639419","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/comments?post=639419"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/639419\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media\/639420"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media?parent=639419"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/categories?post=639419"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/tags?post=639419"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}