Current Inflation Rate Australia 2024. This marks the fifth consecutive quarter of lower annual inflation since the peak of 7.8 per cent in the december 2022 quarter. Inflation is proving persistent in some countries, the fund says, making it trickier for rates to be cut.
This marks the fifth consecutive quarter of lower annual inflation since the peak of 7.8 per cent in the december 2022 quarter. Monthly consumer price index indicator, january 2024.
But It Has Been Coming Down, And At A.
Itโs still high and above the rbaโs target range.
The Most Significant Price Rises This Quarter Were Rents (+2.1%), Secondary Education (+6.1%), Tertiary.
The monthly cpi indicator rose 4.0% in the 12 months to may.
Current Inflation Rate Australia 2024 Images References :
Inflation Is Still High But Is Expected To Ease Gradually.
Australia inflation rate for 2021 was 2.86% , a 2.02% increase from 2020.
The Annual Rate Of Inflation Remained Steady In February, At 3.4 Per Cent.
Inflation is proving persistent in some countries, the fund says, making it trickier for rates to be cut.
