Inflation Rate Australia 2024 March. The latest result came as the inflation rate. 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.

The consumer price index (cpi) is a quarterly measure of inflation published by the australian bureau of statistics (abs). This marks the fifth consecutive quarter of lower annual inflation since the peak of 7.8 per cent in the december 2022 quarter.