Current Inflation Rate Australia 2024

Current Inflation Rate Australia 2024. 14 decision to deliver a third straight rate reduction to 10.25% are keenly awaited. 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.

Australia inflation rate for 2022 was 6.59%, a 3.73% increase from 2021. The inflation rate year over year is 2.8% (compared to 3.8% for the previous quarter).