Current Inflation Rate 2024 Australian. With q1 inflation hotter than expected, forecasts of rate cuts by the reserve bank of australia (rba) have been revised by many economists out to 2025. Australia inflation rate for 2022 was 6.59%, a 3.73% increase from 2021.
Monthly consumer price index indicator, june 2024 release date 31/07/2024 11:30am aest Mcbride notes that every quarter point cut knocks $4 a month off a typical loan for a $35,000 car.