Inflation 2024 Australia

Inflation 2024 Australia. 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. The outlook for underlying inflation is a little higher than three months ago, and is expected to peak at 6½ per cent in late 2022 before declining gradually towards the top of the inflation.

Inflation expectations in australia decreased to 3.80 percent in november from 4 percent in october of 2024. The consumer price index (cpi) is a quarterly measure of inflation published by the australian bureau of statistics (abs).