Current Australian Inflation Rate 2024
Current Australian Inflation Rate 2024. Australia’s inflation rate, or cpi, rose 1.8% in the last quarter and 7.3% annually, overtaking the abs’ june figure as the highest inflation rate since 1990. The abs also publishes a monthly cpi indicator,.
The monthly cpi indicator rose 4.0% in the 12 months to may. The latest consumer price index data from the australian bureau of statistics showed prices increased by 1 per cent during the march quarter, leaving the.