Tabby Faustine

Current Australian Inflation Rate 2024. Australia’s inflation rate, or cpi, rose 1.8% in the last quarter and 7.3% annually, overtaking the abs’ june figure as the highest inflation rate since 1990. This decision supports progress of inflation to the midpoint.

Speculation on interest rates will heat up again this week as the australian bureau of statistics unveils monthly inflation figures on wednesday. The annual rate of inflation remained steady in february, at 3.4 per cent.