Saba Pauletta

Current Australian Inflation Rate 2024. Australia inflation rate for 2021 was 2.86% , a 2.02% increase from 2020.  — the monthly consumer price index rose 3.5 per cent over the 12 months to july, a touch higher than the 3.4 per cent expected result but down from 3.8 per cent in june.

 — the monthly consumer price index (cpi) indicator rose 4.0 per cent in the 12 months to may 2024, up from 3.6 per cent in april, according to the latest data from the australian bureau of statistics (abs). Non‑tradeable inflation has fallen by half a percentage point compared with last month, down from 5.0 per cent in june to 4.5 per cent in july.