Current Inflation Rate Australia 2024

Current Inflation Rate Australia 2024. It’s still high and above the rba’s target range. Throughout 2023, inflation was one of the key contributors to cost of living pressures, with prices steadily rising across food and beverages,.

The consumer price index (cpi) is a quarterly measure of inflation published by the australian bureau of statistics (abs). The monthly cpi indicator rose 3.6% in the 12 months to april.