2024 Inflation Rate Australian Open. Australia historical cpi data for australia all inflation rates are calculated using the australia consumer price index (cpi) series. The remaining proportion of households whose billing cycle is in july 2024 have received their first instalment in october.
Our forecasts have annual headline inflation ending 2024 a touch above the rba’s two to three per cent target band, before falling into the band in 2025. Australia inflation rate for 2022 was 6.59% , a 3.73% increase from 2021.