Current Inflation Rate 2024 Australian Government
Current Inflation Rate 2024 Australian Government. — the current headline inflation rate is 6.9%, which was announced in late november as part of the new monthly cpi update. It was the first increase in annual cpi figures since q4 of 2022, amid higher inflation for both.
— the monthly consumer price index (cpi) indicator rose 3.4 per cent in the 12 months to january 2024, according to the latest data from the australian bureau of statistics. Headline and underlying inflation are expected to return to the top of the inflation target range by late 2024.