Cpi 2024 Forecast Australia

Cpi 2024 Forecast Australia. The actual cpi figure for the june 2024 quarter matched the rba’s forecast of 3.8% (treasury predicted 3.5%). Inflation rate in australia is expected to be 2.80 percent by the end of this quarter, according to trading.


Cpi 2024 Forecast Australia

The monthly consumer price index (cpi) indicator rose 3.5 per cent in the 12 months to july 2024, down from 3.8 per cent in june, according to the latest data from the australian bureau of statistics (abs). Our forecasts have annual headline inflation ending 2024 a touch above the rba’s two to three per cent target band, before falling into the band in 2025.

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