2024 Inflation Rate Australia January

2024 Inflation Rate Australia January. The annual movement for the monthly cpi indicator excluding volatile items and holiday travel was 4.1% in january, down from the rise of 4.2% in. The current inflation rate in australia is 2.81%, which is calculated based on cpi (consumer price index) values for the last 12 months ending in 2024 q3.

The consumer price index (cpi) is a quarterly measure of inflation published by the australian bureau of statistics (abs). Inflation in the 12 months to november fell to 4.3 per cent from 4.9 per cent in october, a better than expected result ahead of the reserve bank’s first interest rate decision.