Current Inflation Rate 2024 Australia. Australia inflation rate for 2020 was 0.85%, a. Consumer price index cpi in australia averaged 51.08 points from 1950 until 2024, reaching an all time high of 139.10 points in the third quarter of 2024 and a record low of 4.20.

Consumer price index, australia, september quarter 2024 latest release. This marks the fifth consecutive quarter of lower.