2024 Inflation Rate Australia. Australia inflation rate for 2022 was 6.59%, a 3.73% increase from 2021. The monthly consumer price index (cpi) indicator rose 2.7 per cent in the 12 months to august 2024, according to the latest data from the australian bureau of statistics.


2024 Inflation Rate Australia

Inflation in underlying terms remains too high and it will be some time yet before inflation is sustainably in. The most significant price rises this quarter were recreation and culture (+1.3%), food and non.

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