2024 Inflation Rate Australia January

2024 Inflation Rate Australia January. The annual movement for the monthly cpi indicator excluding volatile items and holiday travel was 4.1% in january, down from the rise of 4.2% in. Wages growth in australia slows to 3.5 per cent over the past year, according to official data, still outpacing inflation to result in modest real wage increases.

The monthly consumer price index (cpi) indicator rose 3.4 per cent in the 12 months to january 2024, according to the latest data from the australian bureau of statistics (abs). Inflation expectations in australia decreased to 3.80 percent in november from 4 percent in october of 2024.