Current Inflation Rate Australia 2024 Us. Inflation rate in australia decreased to 3.60 percent in the first quarter of 2024 from 4.10 percent in the fourth quarter of 2023. Excluding volatile items such as fresh produce and fuel, inflation fell from 4.1% in january to 3.9%.
Wages in the public sector rose a modest 0.5% in the quarter, pulling annual growth down to 3.8% from 4.3%. The consumer price index (cpi) rose 1.0% this.
That’s Down From 3.5% In March.
Inflation excluding volatile items and.
Cpi Steady But Concerns Remain Over Hot Labour Market.
Wages in the public sector rose a modest 0.5% in the quarter, pulling annual growth down to 3.8% from 4.3%.
Over The Past Six Months, Firms Have Generally Expected Their Prices Growth To Continue To.
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This Marks The Fifth Consecutive Quarter Of Lower Annual Inflation.
Inflation excluding volatile items and.
Annual Cpi Inflation Was 3.6 Per Cent In The March 2024 Quarter, Lower Than The 4.1 Per Cent Annual Rise In The Previous Quarter.
This decision supports progress of inflation to the midpoint.
Monthly Consumer Price Index Indicator, January 2024.
