2024 Inflation Rate Australia. Australia inflation rate for 2021 was 2.86% , a. The current inflation rate in australia is 2.81%, which is calculated based on cpi (consumer price index) values for the last 12 months ending in 2024 q3.
The most significant price rises this quarter were. Australia’s annual rate of inflation lifted to 3.8 per cent in the june quarter, up from 3.6 per cent.