2024 Cpi Rate Australia. At its meeting today, the board decided to leave the cash rate target unchanged at 4.35 per cent and the interest rate paid on exchange settlement balances unchanged at 4.25. Inflation rate in australia is expected to be 2.80 percent by the end of this quarter, according to trading.
The consumer price index (cpi) rose to 2.8% p.a in the september 2024 quarter, this is the first time inflation has returned to the rbaโs target since the pandemic. Interest rate cuts are expected to begin in 2025, with he economy set to be dominated by a weak chinese economy and potentially erratic trade conditions prompted by.