What Is The Inflation Rate In Australia 2024. “annual inflation was 2.7 per cent in august, down from 3.5 per cent in july, and is the lowest reading since. Consumer price index, australia, september quarter 2024 release date 30/10/2024 11:30am aedt

At its august 2024 meeting, the reserve bank board decided to hold the cash rate. The bank also noted that the current rate of 4.35 per cent might not be high enough to bring inflation back to target.