Rate Of Inflation 2024 Australia. This marks the fifth consecutive quarter of lower. The current inflation rate in australia is 2.81%, which is calculated based on cpi (consumer price index) values for the last 12 months ending in 2024 q3.
Australia inflation rate for 2022 was 6.59%, a 3.73% increase from 2021. At its august 2024 meeting, the reserve bank board decided to hold the cash rate.
