Inflation Rate Australia 2024. All inflation rates are calculated using the australia consumer price index (cpi) series. Australia inflation rate for 2023 was 5.60%, a 1% decline from 2022.


Inflation Rate Australia 2024

The trimmed mean is an alternative measure of underlying inflation that reduces the impact of irregular or temporary price changes. Australia’s annual rate of inflation lifted to 3.8 per cent in the june quarter, up from 3.6 per cent.

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