Inflation Rate and Consumer Price Index
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Australian inflation rate

Australia inflation summary for June 2024

Updated: July 31, 2024
Next update: October 30, 2024

Current Australia inflation rate

June 2024
3.8%
The Consumer Price Index for Australia is 138.8 for the month of June 2024. The inflation rate year over year is 3.8% (compared to 3.6% for the previous quarter). Inflation from March 2024 to June 2024 was 1.0%.

Previous Australia Inflation Rate

March 2024 to June 2024
1.0%

Quarter-to-Quarter Australia Inflation Rate

March 2024
3.6%

Recent inflation rates for Australia

YearmarjunsepdecAnnual
20243.6%3.8%
20237.0%6.0%5.4%4.1%5.6%
20225.1%6.1%7.3%7.8%6.6%
20211.1%3.8%3.0%3.5%2.9%
20202.2%-0.3%0.7%0.9%0.8%
All inflation rates are calculated using the Australia Consumer Price Index (CPI) series.