Inflation Rate Australia June 2024. Discounts on clothes in summer sales helped offset the soaring. The reserve bank targets an.
At its meeting today, the board decided to leave the cash rate target. Inflation is being fed by rises in petrol prices, insurance and rents.
Statement By The Reserve Bank Board:
Australia's inflation rate was at 3.6% yoy in q1 of 2024, down from 4.1% in the prior period but above market expectations of 3.4%.
The Australian Bureau Of Statistics Measure Of Consumer Prices For May Showed A Rise In Annual Headline Inflation From 3.6 Back To 4 Per Cent.
At its meeting today, the board decided to leave the cash rate target.
Inflation Rate Australia June 2024 Images References :
Discounts On Clothes In Summer Sales Helped Offset The Soaring.
Australia’s inflation rate, or cpi, rose 1.8% in the last quarter and 7.3% annually, overtaking the abs’ june figure as the highest inflation rate since 1990.
The Australian Bureau Of Statistics Measure Of Consumer Prices For May Showed A Rise In Annual Headline Inflation From 3.6 Back To 4 Per Cent.
The monthly consumer price index (cpi) indicator rose 4.0 per cent in the 12 months to may 2024, up from 3.6 per cent in april, according to the latest data from the.