Current Inflation Rate 2024 Australian Currency

Current Inflation Rate 2024 Australian Currency. The monthly cpi indicator rose 3.5% in the 12 months to july, down from a 3.8% rise in the 12 months to june. The ‘financial year’ inflation calculator is updated on the day.

 — a gauge of australian monthly inflation cooled in july, suggesting price pressures began to ease in the current quarter though not fast enough to warrant early. The “trimmed mean’ inflation rate — the preferred measure used by the reserve bank of australia that strips out volatile elements of the data — fell to 3.8 per cent from 4.1 per cent.