Current Inflation Rate 2024 Australia July. In economic terms, inflation is the rate at which the general prices for goods and services rise in a given country. The monthly consumer price index (cpi) indicator rose 3.5 per cent in the 12 months to july 2024, down from 3.8 per cent in june, according to the latest data.
The consumer price index (cpi) is a quarterly measure of inflation published by the australian bureau of statistics (abs). Automotive fuel prices were 7.6% lower compared to august 2023, down from an annual rise of 4.0% in july.
Current Inflation Rate 2024 Australia July Images References :
