Australia Inflation Rate Forecast 2024. The monthly cpi indicator rose 4.0% in the 12 months to may. The most significant price rises this quarter were rents (+2.1%), secondary education (+6.1%), tertiary.
The monthly consumer price index (cpi) indicator rose 3.4 per cent in the 12 months to january. Inflation in 2024 is expected to be 3.0 percent, compared with 2.7 percent in the april forecast.
The Composition Of Inflation In Australia Is Also Expected To Shift, With Higher.
The australian stock market fell sharply immediately following the release of the inflation data as investors pushed back their expectations of an rba interest rate.
Trading Economics Provides Data For 20 Million Economic Indicators From 196 Countries.
The most significant price rises this quarter were rents (+2.1%), secondary education (+6.1%), tertiary.
Australia Inflation Rate Forecast 2024 Images References :
Brent Crude Oil Price At Us$82Bbl.
This records a decrease from the previous number of 2.800 % for dec 2025.
Monthly Consumer Price Index Indicator, January 2024.
Inflation in australia and internationally is now forecast to be elevated for much of the forecast period.