Inflation 2024 Australia. Explore how prices and overall inflation changed over time. Australia inflation rate for 2021 was 2.86% , a 2.02% increase from 2020.
The monthly consumer price index (cpi) indicator rose 3.6 per cent in the 12 months to april 2024, according to the latest data from the australian bureau of statistics. Australia’s annual rate of inflation has risen to 3.8 per cent, up from 3.6 per cent at the start of the year.