Australia Inflation Rate 2024. The australian share market is set to open firmly in the red, as us stocks drop after federal reserve. Australia’s inflation rate, or cpi, rose 1.8% in the last quarter and 7.3% annually, overtaking the abs’ june figure as the highest inflation rate since 1990.
Eventually, it would raise its key rate 11 times. Inflation in 2024 and its effect on dollar value.
The Monthly Consumer Price Index (Cpi) Indicator Rose 3.4 Per Cent In The 12 Months To January 2024, According To The Latest Data From The Australian Bureau Of Statistics (Abs).
Explore how prices and overall inflation changed over time.
Tue 9 Jan 2024 19.46 Est.
At its february 2024 meeting, the reserve bank board decided to leave the cash rate target unchanged at 4.35 per cent.
Will It Drop Below 3% In 2024?
Images References :
Australian Inflation | Chart Pack | Rba.
Released on 20 march 2024 (data as at 14 march) view.
Australia Inflation Rate For 2022 Was 6.59%, A 3.73% Increase From 2021.
Tue 9 jan 2024 19.46 est.
Explore How Prices And Overall Inflation Changed Over Time.