Inflation Rate 2024 Predictions Australia

Inflation Rate 2024 Predictions Australia. “annual inflation was 2.7 per cent in august, down from 3.5 per cent in july, and is the lowest reading since. The most significant price rises this quarter were rents (+2.1%), secondary education (+6.1%), tertiary education (+6.5%) and medical and hospital services (+2.3%).


Inflation Rate 2024 Predictions Australia

The annual rate of headline inflation fell to 2.7 per cent in august, down from 3.5 per cent in july. This is a slightly slower return to target than forecast in may and is due to greater inflationary pressures in the economy.

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