The aim of this paper is to understand the unsteady flow phenomena in a high speed centrifugal compressor channel diffuser. Instantaneous pressures aye measured at six locations in the diffuser using fast-response pressure transducers. Instantaneous pressure ratio decomposition was applied to analyze the pressure signal. In vaneless space where impeller-vaned diffuser interaction is strong, aperiodic unsteadiness is high and periodic pressure waveforms by blade passing are not clear at low flow rates, especially near vane suction side. High aperiodic unsteadiness decreases downstream of diffuser. The blade-to-blade pressure wave does not disappear in surge flow condition. In surge there exist not only large scale periodic surge wave but also blade-to-blade pressure wave.