2024 Inflation Rate Forecast Australia. Underlying inflation is forecast to decline over coming years to be around 3 per cent by the end of 2024 (graph 5.2). This marks the fifth consecutive quarter of lower annual inflation since the peak of 7.8 per cent in.
Over the twelve months to the june 2024 quarter, the cpi rose 3.8%. Trading economics provides data for 20 million economic indicators from 196 countries.