Current Inflation Rate 2024 Australia
Current Inflation Rate 2024 Australia. Australia's annual rate of inflation has risen to 3.8 per cent, up from 3.6 per cent at the start of the year. Households in the remaining states and territories received their first instalment in august 2024.
Inflation in australia and internationally is high and expected. At its august 2024 meeting, the reserve bank board decided to hold the cash rate.