2024 Inflation Rate Australia Today. $100 in 2020 is equivalent in purchasing power to about $116.54 today, an increase of $16.54 over 4 years. According to the consumer price index, inflation increased 0.2% for the month of august and the annual inflation rate declined to 2.5%, its lowest level since february.
Updated 9:05 pm pdt, september 15, 2024. Annual cpi inflation was 3.6 per cent in the march 2024 quarter, lower than the 4.1 per cent annual rise in the previous quarter.
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