Current Inflation Rate 2024 Australian Government. The monthly consumer price index (cpi) indicator rose 3.4 per cent in the 12 months to january 2024, according to the latest data from the australian bureau of statistics. An increase in rent assistance reduces rents for eligible tenants.
The monthly consumer price index (cpi) indicator rose 2.7 per cent in the 12 months to august 2024, according to the latest data from the australian bureau of statistics. High inflation lowers living standards by eroding real incomes, and it is.