Australian Cpi Increase 2024. Today's cpi release confirms that inflation is as sticky as expected but, importantly, is no higher than the rba had forecast it to be, said bdo economics partner. The reserve bank of australia acknowledges the aboriginal and torres strait islander peoples of australia as the.
Us rate cuts had been in doubt after consistent inflationary pressure in 2024, with increases to cpi between january and april. The monthly cpi indicator is a general measure of price change for goods and services purchased by australian households.