Inflation Rate 2024 Australia February

Drusy Giselle2024 Inflation Rate 2024 Australia February
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Inflation Rate 2024 Australia February. The annual rate of inflation remained steady in february, at 3.4 per cent. It means the monthly consumer price index (cpi) indicator has been 3.4 per cent for three months in a row.


Inflation Rate 2024 Australia February

From june 2023, when the reserve bank of australia (rba) pushed the cash rate up to a shocking 4.35 per cent after 12 quick rate hikes, experts were predicting all the way. While there’s always a risk that prices will continue to surge, most experts agree australia’s inflation rate will trend downward in 2024 and in to 2025.

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