Inflation Rate 2024 Australia. Australia’s central bank remains some way off easing monetary policy, governor michele bullocksaid, as inflation is proving. The consumer price index (cpi) is a quarterly measure of inflation published by the australian bureau of statistics (abs).
At its february 2024 meeting, the reserve bank board decided to leave the cash rate target unchanged at 4.35 per cent. 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.