Inflation Rate Australia 2024 . Historical inflation rates from 1949 to 2024 for australia. Inflation has fallen substantially since the peak in 2022, as higher interest rates have been working to bring aggregate demand and supply closer towards balance.
Australia’s annual rate of inflation has risen to 3.8 per cent, up from 3.6 per cent at the start of the year. The main contributors to the slowing of annual inflation were large falls in electricity and automotive fuel.
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