2024 Inflation Rate By Month Australia. The latest quarterly inflation figure, released in july 2024, is 3.8%, with a core inflation rate of 3.9%. Inflation rate in australia increased to 3.80 percent in the second quarter of 2024 from 3.60 percent in the first quarter of 2024.
The capital’s inflation is considered a leading indicator of nationwide trends. It rose 2.7% in the 12 months to august 2024, down from 3.5% in july, due to rebates on electricity and other factors.