Current Australian Inflation Rate 2024. However, services inflation increased slightly, to an annual rate of 4.6 per cent in the september quarter โ the main contributors being higher rents, insurance and child care prices. 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 last time it was inside the target band was in august 2021. Inflation as measured by the consumer price index reflects the annual percentage change in the cost to the average consumer of acquiring a basket of goods and services that may be fixed or changed at specified intervals, such as yearly.
Current Australian Inflation Rate 2024 Images References :