Current Inflation Rate 2024 Australia. “excluding the rebates, electricity prices would have increased 15.3 per cent in the 12 months to january 2024,” ms marquardt said. It was the first increase in annual cpi figures since q4 of 2022, amid higher inflation for both goods (3.2% vs.
We have a flexible inflation target, which aims to keep consumer price inflation between 2 and 3 per cent. The consumer price index (cpi) rose 0.2 per cent in the september 2024 quarter and 2.8 per cent annually, according to the latest data from the australian bureau of statistics.