Current Inflation Rate 2024 Australian Currency. A break below this zone could bring the 2024 bottom of 1.2299 (recorded on april 22) back into focus, seconded by potential moves toward the weekly lows of 1.2187. Australia's annual rate of inflation has risen to 3.8 per cent, up from 3.6 per cent at the start of the year.
Most macro models of exchange rates posit that a higher real interest rate induces a stronger currency. 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.
Current Inflation Rate 2024 Australian Currency Images References :