Inflation Rate 2024 Australian Government. 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. The abs also publishes a monthly cpi indicator, which is more.

Australia’s annual rate of inflation lifted to 3.8 per cent in the june quarter, up from 3.6 per cent. Inflation rate in australia averaged 4.88 percent from 1951 until 2024, reaching an all time high of 23.90.