Rate Of Inflation 2024 Australia Per Month. 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. The monthly consumer price index (cpi) indicator rose 3.6 per cent in the 12 months to april 2024, according to the latest data from the australian bureau of statistics.
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%. The most significant price rises at the group level were housing (+2.6 %), food and non.
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