June 2024 Inflation Rate Australia. The consumer price index (cpi) rose 1.0 per cent in the june 2024 quarter and 3.8 per cent annually, according to the latest data from the australian bureau of statistics (abs). All five living cost indexes (lcis) rose between 0.3% and 0.6% in the september 2024 quarter.
Inflation rate in australia increased to 3.80 percent in the second quarter of 2024 from 3.60 percent in the first quarter of 2024. Insurance and financial services and recreation and culture were the main contributors to quarterly rises across all lcis.