Current Inflation Rate 2024 Australia. Inflation rate in australia increased to 3.80 percent in the second quarter of 2024 from 3.60 percent in the first quarter of 2024. A powerful lesson from history is that low and stable inflation is a.

The current annual inflation rate in australia is 7%, according to abs data released in april for the march quarter. The monthly cpi indicator rose 3.5% in the 12 months to july.