What Is The Rate Of Inflation 2024 Australia. The trimmed mean is an alternative measure of underlying inflation that reduces the impact of irregular or temporary price changes. The monthly consumer price index (cpi) indicator rose 3.4 per cent in the 12 months to january 2024, according to the latest data from the australian bureau of statistics (abs).
At its august 2024 meeting, the reserve bank board decided to hold the cash rate. The consumer price index (cpi) is a quarterly measure of inflation published by the australian bureau of statistics (abs).