2024 Cpi Forecast Australia. The latest figure reflected the central bank's efforts to balance reducing inflation within a. The monthly consumer price index (cpi) in australia rose by 2.7% from the previous year in august 2024, compared with market forecasts of 2.8% and july's reading of 3.5%.
The rate of population growth is assumed to be in line with forecasts from the australian. Nab, australia’s third biggest home loan lender, now expects the central bank will start rate cuts in february 2025, rather than may 2025.