Current Inflation Rate Australia 2024. Annual cpi inflation was 3.6 per cent in the march 2024 quarter, lower than the 4.1 per cent annual rise in the previous quarter. Annual inflation for the monthly cpi indicator was steady at 3.4 per cent and remains the lowest annual inflation since.

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. Annual inflation for the monthly cpi indicator was steady at 3.4 per cent and remains the lowest annual inflation since.