Australian Inflation Rate 2024

Australian Inflation Rate 2024. Over the twelve months to the june 2024 quarter, the cpi rose 3.8%. Today's monthly cpi figures — with inflation in february remaining steady at 3.4 per cent — reaffirms kpmg's view that the inflation surge is now over and, despite the rba's.

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. The inflation rate in 2023 was 5.18%.