Australia Inflation Rate Forecast 2024

Australia Inflation Rate Forecast 2024. Over the twelve months to the march 2024 quarter, the cpi rose 3.6%. Number of arrangements since membership:


Australia Inflation Rate Forecast 2024

The 2022 average figure for australia was 6.6%. The most significant price rises this quarter were rents (+2.1%), secondary education (+6.1%), tertiary education (+6.5%) and medical and hospital services (+2.3%).

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Consumer inflation expectations in australia fell to 4.1% in may 2024 from 4.6% in april, pointing to the lowest level since october 2021 as cost pressure continued to ease despite its pace of moderation being slower than expected due to persistent service inflation.

The 2022 Average Figure For Australia Was 6.6%.

Inflation, consumer prices (annual %) in australia was reported at 6.5941 % in 2022, according to the world bank collection of development indicators, compiled from officially recognized sources.

Australia Inflation Rate Forecast 2024 Images References :

Historical Inflation Rates For Australia.

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The Most Significant Price Rises This Quarter Were Rents (+2.1%), Secondary Education (+6.1%), Tertiary Education (+6.5%) And Medical And Hospital Services (+2.3%).

Annual cpi inflation was 3.6 per cent in the march 2024 quarter, lower than the 4.1 per cent annual rise in the previous quarter.