Current Australian Inflation Rate 2024. The most significant price rises this quarter were rents (+2.1%), secondary education (+6.1%), tertiary. Including government electricity rebates, electricity costs for households have fallen by 30.2% since june 2023.

The inflation rate year over year is 2.8% (compared to 3.8% for the previous quarter). Consumer price index cpi in australia increased to 139.10 points in the third quarter of 2024 from 138.80 points in the second quarter of 2024.