Inflation Rate Australia June 2024. 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. Aussies were given no relief on tuesday after the rba left the cash rate on hold at 4.35 per cent during its final meeting of 2024.
Consumer inflation expectations in australia fell to 4.0% in october 2024 from 4.4% in august, marking the lowest reading since october 2021. Annual trimmed mean inflation, which excluded both the significant falls in automotive fuel and electricity, alongside other large price rises and falls, was 3.5% in.