Current Inflation Rate 2024 Australia

Current Inflation Rate 2024 Australia. The current annual inflation rate in australia is 7%, according to abs data released in april for the march quarter. Inflation in underlying terms remains too high and it will be some time yet before inflation.

The inflation rate year over year is 3.8% (compared to 3.6% for the previous quarter ). Core consumer prices in australia increased 3.90 percent in june of 2024 over the same month in the previous year.