2024 Cpi Increase Australia News. Inflation rate in australia increased to 3.80 percent in the second quarter of 2024 from 3.60 percent in the first quarter of 2024. Australia's annual rate of inflation has risen to 3.8 per cent, up from 3.6 per cent at the start of the year.
Inflation rate in australia is expected to be 2.80 percent by the end of this quarter,. The latest consumer price index data from the australian bureau of statistics showed prices increased by 1 per cent during the march quarter, leaving the annual inflation rate at 3.6 per cent.