Current Australian Inflation Rate 2024. Australia inflation rate for 2021 was 2.86%, a 2.02% increase from 2020. Over the twelve months to the june 2024 quarter, the cpi rose 3.8%.


Current Australian Inflation Rate 2024

Australia’s annual rate of inflation lifted to 3.8 per cent in the june quarter, up from 3.6 per cent. At its february 2024 meeting, the reserve bank board decided to leave the cash rate target unchanged at 4.35 per cent.

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