Rate Of Inflation 2024 Australian Government. Australia’s inflation rate, or cpi, rose 1.8% in the last quarter and 7.3% annually, overtaking the abs’ june figure as the highest inflation rate since 1990. Data have reinforced the need to remain vigilant to upside risks to inflation.
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. The significant fall in the annual movement is.
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