Cpi 2024 June'S Journey. The june quarter rise is the same as. The consumer price index (cpi) rose 1.0 per cent in the june 2024 quarter and 3.8 per cent annually, according to the latest data from the australian bureau of statistics (abs).
June’s cpi inflation data is expected to lend support to anticipated interest rate cuts in 2024 and beyond. The monthly inflation rate dipped for the first time in more than four years, providing further cover for the fed to start lowering rates later this year.