Inflation 2024 Australia. The monthly consumer price index (cpi) indicator rose 3.4 per cent in the 12 months to january 2024, according to the latest data from the australian bureau of. A powerful lesson from history is that low and stable inflation is a.

Inflation has come in higher than expected, with prices rising by 1 per cent in the march quarter significantly reducing the chance of rate cuts by the. Meanwhile, the monthly cpi index went up by 3.8% yoy in june, following may’s 4.0%.