Rate Of Inflation 2024 Australia 2024. 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. This decision supports progress of inflation to the midpoint of the.
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. At its february 2024 meeting, the reserve bank board decided to leave the cash rate target unchanged at 4.35 per cent.