Australia Inflation Rate Forecast 2024. Australia’s inflation rate, or cpi, rose 1.8% in the last quarter and 7.3% annually, overtaking the abs’ june figure as the highest inflation rate since 1990. Inflation rate in australia decreased to 3.60 percent in the first quarter of 2024 from 4.10 percent in the fourth quarter of 2023.
The annual rate of inflation has ticked up slightly in april to 3.6 per cent, from 3.5 per cent in march, but economists say it’s enough to put even more pressure on. The monthly cpi indicator rose 3.6% in the 12 months to april.
Inflation, Consumer Prices (Annual %) In Australia Was Reported At 6.5941 % In.
The monthly cpi indicator rose 3.6% in the 12 months to april.
The Annual Rate Of Inflation Has Ticked Up Slightly In April To 3.6 Per Cent, From 3.5 Per Cent In March, But Economists Say It's Enough To Put Even More Pressure On.
Inflation rate in australia is expected to be 3.80.
Australia Inflation Rate Forecast 2024 Images References :
Consumer Inflation Expectations In Australia Fell To 4.1% In May 2024 From 4.6% In April, Pointing To The Lowest Level Since October 2021 As Cost Pressure Continued To Ease.
Gdp growth is expected to have been 2¾ per cent over 2022 and to be 1½ per cent over both 2023 and 2024.
As Observed In Other Advanced Economies, Consumer Price Inflation In Australia Has Picked Up Markedly Since The Middle Of 2021 And The Outlook For Inflation Has Again Been.
A set of graphs on australian australian inflation from the chart pack.
