Inflation Rate For 2024 Australia 2024. The monthly cpi indicator rose 2.7% in the 12 months to august 2024, down from 3.5% in july. The reserve bank of australia (rba) aims to keep inflation between 2 and 3 per cent.
This marks the fifth consecutive quarter of lower annual inflation since the peak of 7.8 per cent in. The monthly cpi indicator is a measure of inflation and includes statistics about prices for categories of households expenditure.