Current Australian Inflation Rate 2024
Australia inflation rate for 2022 was 6.59%, a 3.73% increase from 2021. The abs also publishes a monthly cpi.
Will the reserve bank raise interest. June 17, 2024 at 9:33 pm pdt.
All Five Living Cost Indexes (Lcis) Rose Between 0.7% And 1.7% In The March 2024 Quarter.
The reserve bank board sets monetary policy such that inflation is expected to return to the midpoint.
The Abs Also Publishes A Monthly Cpi.
Over the twelve months to the march 2024 quarter, all lcis rose between.
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The Monthly Cpi Indicator Rose 3.6% In The 12 Months To April, Following A 3.5% Rise In The 12 Months To March.
Inflation rate in australia decreased to 3.60 percent in the first quarter of 2024 from 4.10 percent in the fourth quarter of 2023.
Will The Reserve Bank Raise Interest.
According to the report, dairy prices rose by 14%,.
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