Current Inflation Rate 2024 Australia. According to the australian bureau of statistics (abs),. The latest consumer price index data from the australian bureau of statistics showed prices increased by 1 per cent during the march quarter, leaving the annual inflation rate at 3.6 per cent.

This marks the fifth consecutive quarter of lower annual inflation since the. The annual rate of headline inflation fell to 2.7 per cent in august, down from 3.5 per cent in july.