Current Inflation Rate 2024 Australia 2024

Current Inflation Rate 2024 Australia 2024. Shoppers walk out of a mall in sydney's cbd in sydney, australia, july 3, 2024. June 2024 quarter (q2) results released in july this year revealed the consumer price index (cpi) rose 1.0%, representing an annual increase of 3.8%.

The most recent cash rate increase in november 2023 has been passed through to advertised. Australia’s annual rate of inflation has risen to 3.8 per cent, up from 3.6 per cent at the start of the year.