What Is The Current Rate Of Inflation 2024 Australia. Australia's annual rate of inflation lifted to 3.8 per cent in the june quarter, up from 3.6 per cent. The consumer price index (cpi) rose 1.0 per cent in the june 2024 quarter and 3.8 per cent annually, according to the.

The consumer price index (cpi) is a quarterly measure of inflation published by the australian bureau of statistics (abs). Consumer price index cpi in australia increased to 138.80 points in the second quarter of 2024 from 137.40 points in the first quarter of 2024.