Inflation 2024 Australia. Australia's central bank on tuesday ruled out the possibility of an interest rate cut this year, saying core inflation is expected to come down only slowly, after it held interest rates steady for. Historical inflation rates for australia.

Monthly consumer price index indicator, january 2024. The current inflation rate in australia is 3.81%, which is calculated based on cpi (consumer price index) values for the last 12 months ending in 2024 q2.