What Is The Inflation Rate In Australia 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 monthly consumer price index (cpi) indicator rose 4.0 per cent in the 12 months to may 2024, up from 3.6 per cent in april, according to the latest data from the australian bureau of statistics (abs).
The monthly consumer price index (cpi) indicator rose 4.0 per cent in the 12 months to may 2024, up from 3.6 per cent in april, according to the latest data from the australian bureau of statistics (abs). The current inflation rate in australia is 3.81%, which is calculated based on cpi (consumer price index) values for the last 12 months ending in 2024 q2.
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