Inflation Rate 2024 Australia November. The abs also publishes a monthly cpi indicator,. Quarterly consumer price inflation rose by 0.2% in the september quarter 2024, resulting in an annualised inflation rate of 2.8%.
The maximum rate available for cra rose by 10 per cent in september 2024 on top of the usual cpi indexation on 20 march and 20 september. This marks the lowest annual inflation rate observed since the first quarter of 2021.