Current Australian Inflation Rate 2024

Current Australian Inflation Rate 2024. Australia inflation rate for 2022 was 6.59%, a 3.73% increase from 2021. 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 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. Annual cpi inflation was 3.6 per cent in the march 2024 quarter, lower than the 4.1 per cent annual rise in the previous quarter.