Current Inflation Rate Australia 2024. Inflation is an increase in the level of prices of the goods and services that households typically buy. Australia inflation rate for 2021 was 2.86% , a 2.02% increase from 2020.
The inflation rate year over year is 2.8% (compared to 3.8% for the. The monthly consumer price index (cpi) indicator rose 3.4 per cent in the 12 months to january 2024, according to.