Inflation Rate For 2024 Australia 2024. The reserve bank board decided to keep the cash rate at 4.35 per cent and the interest rate on exchange settlement balances at 4.25 per cent. The inflation rate year over year is 2.8% (compared to 3.8% for the previous quarter).
The australian bureau of statistics (abs) released the latest consumer price index (cpi) data for the september 2024 quarter, showing a low annual inflation rate of 2.8%. Minutes from the rba board’s last meeting suggest a rate cut is not assured even if december inflation is low using the reserve bank’s favoured underlying measure, which.
Inflation Rate For 2024 Australia 2024 Images References :