Inflation Rate 2024 Australian Government. The monthly cpi indicator rose 3.6% in the 12 months to april. Australia's annual rate of inflation lifted to 3.8 per cent in the june quarter, up from 3.6 per cent.

Inflation is an increase in the level of prices of the goods and services that households typically buy. Over the twelve months to the june 2024 quarter, the cpi rose 3.8%.