Cpi 2024 Australia Forecast. — australia’s latest retail sales revealed that consumer spending had stalled in july, with the index falling from 0.5% to 0% rather than dipping to 0.3% as expected. The abs also publishes a monthly cpi.
— the monthly consumer price index (cpi) indicator rose 3.5 per cent in the 12 months to july 2024, down from 3.8 per cent in june, according to the latest data. — 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.