2024 Inflation Rate Australia. Australia inflation rate for 2021 was 2.86%, a 2.02% increase from 2020. Over the twelve months to the june 2024 quarter, the cpi rose 3.8%.
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. Core inflation rate in australia averaged 3.63 percent from 1983 until 2024, reaching an all time high of 10.70 percent in the first quarter of 1983 and a record low of.