2024 Inflation Rate Forecast Australia. Inflation in australia and internationally is high and expected to continue weighing on real incomes. Inflation is forecast to average below last year’s level in 2024, driven down by softer activity growth as the effect of past monetary policy tightening filters through the economy.
The latest result came as the inflation rate continued to ease in recent months. Strong employment data from september ends speculation of an interest rate cut this year by.
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