Cody Barbara

Cpi 2024 Australia Forecast. Over the twelve months to the march 2024 quarter, the cpi rose 3.6%. Inflation is forecast to average below last year’s level in 2024, driven down by softer activity growth as the effect of past monetary policy tightening filters through the economy.

The consumer price index (cpi) rose 1.0% this quarter. The forecasts are conditioned on a path for the cash rate broadly in line with expectations derived from surveys of professional economists.