What Is The Inflation Rate In Australia 2024. This marks the fifth consecutive quarter of lower annual inflation since the peak of 7.8 per cent in the december 2022 quarter. Australia’s inflation rate, or cpi, rose 1.8% in the last quarter and 7.3% annually, overtaking the abs’ june figure as the highest inflation rate since 1990.
It’s no surprise that some interest rate sensitive sectors were among the bigger losers, as the 3.6% annual inflation reading in the latest monthly cpi indicator from the abs saw a rate cut in. By business reporter kate ainsworth.
The Monthly Consumer Price Index Indicator Ticked Up In April To 3.6 Per Cent, From 3.5 Per Cent In March.
Posted tue 23 apr 2024 at 6:42pm, updated tue 23 apr 2024 at 11:16pm.
Monthly Cpi Indicator, Australia, Annual Movement (%) Graph.
It’s no surprise that some interest rate sensitive sectors were among the bigger losers, as the 3.6% annual inflation reading in the latest monthly cpi indicator from the abs saw a rate cut in.
Australia Inflation Rate For 2021 Was 2.86%, A 2.02% Increase From 2020.
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Annual Consumer Price Inflation In The 20 Countries That Use The Euro Rose To 2.6% In May From 2.4% In April, According To Preliminary Estimates Published By The European Union’s Statistics.
The current inflation rate in australia is 3.62%, which is calculated based on cpi (consumer price index) values for the last 12 months ending in 2024 q1.
Data From The Australian Bureau Of Statistics On Wednesday Showed Its Monthly Consumer Price Index (Cpi) Rose At An Annual Pace Of 3.6% In April, Up From 3.5% In March And Above Market Forecasts.
By business reporter kate ainsworth.
That Same Gauge Showed, Though, That Prices Accelerated In The First Three Months Of 2024, Disrupting Last Year’s Steady Slowdown.
