Current Inflation Rate 2024 Australia Graph. Michelle marquardt, abs head of prices statistics, said: The consumer price index (cpi) is a quarterly measure of inflation published by the australian bureau of statistics (abs).

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. The consumer price index (cpi) rose 1.0 per cent in the june 2024 quarter and 3.8 per cent annually, according to the latest data from the australian bureau of statistics (abs).