Current Inflation Rate Australia 2024. 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 (abs). The consumer price index (cpi) rose 1.0 per cent in the june 2024 quarter and 3.8 per cent annually, according to the latest data from the australian bureau of statistics (abs).

Overall prices rose by 2.2% in the year to july, slightly above the bank of england’s target of 2% where. The monthly consumer price index (cpi) indicator rose 4.0 per cent in the 12 months to may 2024, up from 3.6 per cent in april, according to the latest data from the australian bureau of statistics (abs).