Inflation Rate For 2024 Australia 2024. 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.

At its february 2024 meeting, the reserve bank board decided to leave the cash rate target unchanged at 4.35 per cent. 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.