Australian Inflation Rate 2024. The decrease in annual growth this month is primarily due to the large monthly rise of 3.8% in june 2023 no longer contributing to the annual movement. August 27, 2024 at 9:56pm edt.


Australian Inflation Rate 2024

Inflation in underlying terms remains too high and it will be some time yet before inflation is sustainably in the target range. Annual inflation for the monthly cpi indicator was steady at 3.4 per cent and remains the lowest annual.

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