Inflation Rate For 2024 Australia
Inflation Rate For 2024 Australia. The inflation rate year over year is 2.8% (compared to 3.8% for the previous quarter). Australia's inflation rate remained steady in october, with rising prices for food, alcohol, cigarettes and recreational activities keeping it at 2.1 per cent annually.
Consumer inflation expectations in australia fell to 4.0% in october 2024 from 4.4% in august, marking the lowest reading since october 2021. The abs also publishes a monthly cpi indicator, which is more.