Inflation Rate 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. June 2024 quarter (q2) results released in july this year revealed the consumer price index (cpi) rose 1.0%, representing an annual increase of 3.8%.
Quarterly estimates of key economic flows in australia, including gross domestic product (gdp), consumption, investment, income and saving. While prices continued to rise for most goods and services, annual cpi inflation was down from 4.1.
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