Rate Of Inflation 2024 Australia

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Rate Of Inflation 2024 Australia

Rate Of Inflation 2024 Australia. 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 balances unchanged at 4.25. This follows three consecutive quarters with annual wage increases of 4.2%.


Rate Of Inflation 2024 Australia

The current inflation rate in australia is 3.81%, which is calculated based on cpi (consumer price index) values for the last 12 months ending in 2024 q2. Annually, private sector wages rose 4.1% to the june quarter 2024.

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