Inflation Rate Australia June 2024. Australia's headline annual inflation has risen to 3.8 per cent, largely meeting market expectations and easing the likelihood that the reserve bank of australia (rba). The annual rate of inflation might climb from 3.6 per cent in april to 3.8 per cent or even 4 per cent in may.
The consumer price index (cpi) rose 1.0 per cent in the june 2024 quarter and 3.8 per cent annually,. It was the first increase in annual cpi figures since.