Australian Inflation Rate 2024

Australian Inflation Rate 2024. Australia inflation rate for 2021 was 2.86% , a 2.02% increase from 2020. New dwelling prices, which capture new builds and major renovations, rose 5.1% in the 12 months to august and have remained around 5% since august 2023,.

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. The consumer price index (cpi) is a quarterly measure of inflation published by the australian bureau of statistics (abs).