Annual Cpi Increase 2024 Australia. Automotive fuel prices were 7.6% lower compared to august 2023, down from an annual rise of 4.0% in july. 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.

High data is updated semiannually, averaging 2.550 % from jun 2007 (median) to dec 2026, with 40 observations. Australia inflation rate for 2020.