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Current Inflation Rate 2024 Australia
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Current Inflation Rate 2024 Australia. At its february 2024 meeting, the reserve bank board decided to leave the cash rate target unchanged at 4.35 per cent. Australia inflation rate for 2022 was 6.59%, a 3.73% increase from 2021.
Over the twelve months to the september 2024 quarter, the cpi rose 2.8%. Australia’s annual rate of inflation has risen to 3.8 per cent, up from 3.6 per cent at the start of the year.
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