Inflation Rate Australia 2024 February. These statements assess current economic conditions and the prospects for inflation and output growth. Annual trimmed mean inflation, which excluded both the significant falls in automotive fuel and electricity, alongside other large price rises and falls, was 3.5% in.
It means the monthly consumer price index (cpi) indicator has been 3.4 per cent for three months in a row. While there’s always a risk that prices will continue to surge, most experts agree australia’s inflation rate will trend downward in 2024 and in to 2025.
Inflation Rate Australia 2024 February Images References :