Current Inflation Rate 2024 Australian Government. Australia's annual inflation rate has hit 7%, according to the australian bureau of statistics latest quarterly figures. Inflation is an increase in the level of prices of the goods and services that households typically buy.
Annual inflation increased, though annual underlying inflation continued to fall. The monthly consumer price index (cpi) indicator rose 2.7 per cent in the 12 months to august 2024, according to the latest data from the australian bureau of statistics.
Current Inflation Rate 2024 Australian Government Images References :