Current Inflation Rate 2024 Australian Currency. In september 2023, it had hit a. An inflation rate of 1.05% per year means $1 in 2023 is worth $1.01 in 2024.

Australia inflation rate for 2022 was 6.59%, a 3.73% increase from 2021. The current inflation rate in australia is 3.81%, which is calculated based on cpi (consumer price index) values for the last 12 months ending in 2024 q2.