Current Inflation Rate 2024 Australian. The best contribution that monetary policy can make to the wellbeing of the australian people is to ensure that inflation returns to target in a reasonable timeframe. The annual movement for the monthly cpi indicator excluding volatile items and holiday travel was 4.0% in june, the same as the 4.0% rise in may.
The monthly consumer price index (cpi) indicator rose 4.0 per cent in the 12 months to may 2024, up from 3.6 per cent in april, according to the. Consumer price index, australia, march quarter 2025 release date.