Current Inflation Rate 2024 Australia. The international monetary fund says australia's rate of inflation will soon exceed that of almost all advanced economies, and david crisafulli finally gives a straight answer on. At its august 2024 meeting, the reserve bank board decided to hold the cash rate.
Australia’s annual rate of inflation lifted to 3.8 per cent in the june quarter, up from 3.6 per cent. The monthly consumer price index (cpi) indicator rose 3.4 per cent in the 12 months to january 2024, according to the latest data from the australian bureau of statistics.