Current Inflation Rate Australia 2024-2024. The consumer price index (cpi) rose 1.0 per cent in the march. The monthly cpi indicator is a measure of inflation and includes statistics about prices for categories of households expenditure
This marks the fifth consecutive quarter of lower annual. Tue 9 jan 2024 19.46 est.
Annual Trimmed Mean Inflation Was 3.8% In January, Down From The Rise Of 4.0% In December.
Inflation expectations higher in april.
This Decision Supports Progress Of Inflation To The Midpoint.
Inflation is expected to be around 3.75% this financial year, declining to 2.75% and eventually aligning with the rba’s target of 2.5% in the subsequent years.
Interest Rates May Be Heading Lower As Inflationary Pressures Sparked By The Pandemic Recede, But They Are Unlikely To Stay There As Major Geopolitical.
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At Its February 2024 Meeting, The Reserve Bank Board Decided To Leave The Cash Rate Target Unchanged At 4.35 Per Cent.
Tue 9 jan 2024 19.46 est.
Annual Trimmed Mean Inflation Was 3.9% In February, Up Slightly From 3.8% In January.
The monthly cpi has fallen quickly from an annual peak of 8.4 per cent in december 2022.
Consumer Price Index, Australia, June Quarter 2024 Release Date.
