Inflation Rate For 2024 Australian Economy. Annual cpi inflation was 3.6 per cent in the march 2024 quarter, lower than the 4.1 per cent annual rise in the previous quarter. Should inflation keep falling, the rba will likely keep the cash rate unchanged for the.

The most significant price rises at the group level were housing (+2.6 %), food and non. The monthly cpi indicator rose 3.4% in the 12 months to january.