Current Inflation Rate 2024 Australia 2024. According to the australian bureau of statistics (abs), prices rose by 1 per cent in the june quarter, which followed. 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.

Australia inflation rate for 2021 was 2.86% , a 2.02% increase from 2020. The monthly consumer price index (cpi) in australia rose by 3.5% in the year to july 2024, down from june’s 3.8% but slightly above market consensus of 3.4%.