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Current Inflation Rate Australia 2024. Throughout 2023, inflation was one of the key contributors to cost of living pressures, with prices steadily rising across food and beverages, transport, housing, entertainment and more. The costs of high inflation;

Consumer inflation expectations in australia edged down to 4.3% in july 2024 from 4.4% in june. Over the twelve months to the march 2024 quarter, the cpi rose 3.6%.