2024 Inflation Rate Forecast Australia Eddi Loralee

Current Inflation Rate 2025 Australia Forecast. Cpi April 2024 Uk Wynny Karolina Australia - Inflation, consumer prices (annual %) - actual values, historical data, forecasts and projections were sourced from the World Bank on March of 2025. Underlying inflation - as measured by trimmed mean inflation - is expected to return to the target range in mid-to-late 2025 and to the midpoint of the target in late 2026 (Graph 3.8)

2024 Inflation Rate Forecast Australia Eddi Loralee
2024 Inflation Rate Forecast Australia Eddi Loralee from kieleycharmane.pages.dev

The current annual and quarterly figures suggest inflation is falling faster than previous projections. Underlying inflation - as measured by trimmed mean inflation - is expected to return to the target range in mid-to-late 2025 and to the midpoint of the target in late 2026 (Graph 3.8)

2024 Inflation Rate Forecast Australia Eddi Loralee

Governments' cost-of-living support measures to households - such as electricity rebates - are legislated to end in 2025, which is forecast to lead to a temporary increase in headline inflation The consumer price index (CPI) is a quarterly measure of inflation published by the Australian Bureau of Statistics (ABS) The output and unemployment gaps are projected to narrow and close over the forecast period, and growth in unit labour costs is expected to ease, which would help bring the economy back towards a balanced.

Cpi April 2024 Uk Wynny Karolina. 2024/2025; Sep: 2.8: 3.1: 3.7: 3.6: Dec: 2.4: 2.7: 3.4: 3.2: Sources. Inflation Expectations in Australia averaged 4.36 percent from 1995 until 2025, reaching an all time high of 8.60 percent in July of 2008 and a record low of 2.80 percent in September of 2013

2024 Inflation Rate Forecast Australia Eddi Loralee. Australia's annual inflation rate fell to 2.4% in Q4 2024 from 2.8% in Q3, less than the market consensus of 2.5% Underlying inflation - as measured by trimmed mean inflation - is expected to return to the target range in mid-to-late 2025 and to the midpoint of the target in late 2026 (Graph 3.8)