Inflation Rate Australia June 2024. At its august 2024 meeting, the reserve bank board decided to hold the cash rate. Australia inflation rate for 2021 was 2.86% , a 2.02% increase from 2020.

Annually, australia’s cpi inflation rose to 3.8% in q2 2024 from the previous print of 3.6% and in line with the market consensus of 3.8%. The consumer price index for australia is 138.8 for the month of june 2024.