Current Inflation Rate 2024 Australia 2024. โ 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 latest data from. This inflation calculator uses the official australian consumer price index.
A powerful lesson from history is that low and stable inflation is a. Inflation is an increase in the level of prices of the goods and services that households typically buy.