Current Inflation Rate Australia 2024 Us. Updated 10:21 am pdt, july 11, 2024. The consumer price index (cpi) is a quarterly measure of inflation published by the australian bureau of statistics (abs).
At its meeting today, the board decided to leave the cash rate target unchanged at 4.35 per cent and the interest rate paid on exchange settlement. Despite overall cpi falling, the price of groceries in the us remains high.
The Consumer Price Index (Cpi) Rose 1.0% This Quarter.
Will australia will do the same?
The Latest Figure Came Amid Easing Cost Pressure Following Its Peak In 2022.
This decision supports progress of inflation to the midpoint.
Current Inflation Rate Australia 2024 Us Images References :
The Most Significant Price Rises.
Consumer prices rose 3% in june, less than expected and down from may's.
This Was The Lowest Figure Since Q4 Of 2021, As.
The current inflation rate in australia is 3.62%, which is calculated based on cpi (consumer price index) values for the last 12 months ending in 2024 q1.