Current Inflation Rate 2024 Australia

Current Inflation Rate 2024 Australia. Annual price growth has eased slightly after remaining around 5.0% since august 2023, with builders passing on higher costs for labour and materials. Australia's inflation rate is at its lowest level since before price shocks began in 2021, at 2.1 per cent in the year to october.

Watch our data literacy presentation on cpi, inflation and cost of living data as well as our abs data crash course, designed especially for journalists to learn how to find,. Inflation rate in australia is expected to be 2.20 percent by the end of this quarter, according to trading.