Aggy Lonnie

Inflation In 2024 Compared To 2024au. A set of graphs on australian australian inflation from the chart pack. According to the bureau of statistics, an underlying measure of inflation — called 'trimmed mean' inflation — did pick up slightly in february, from 3.8 per cent to 3.9 per cent.

The reserve bank isn’t cutting interest rates yet because it thinks the jobs market is still too strong — unemployment remains at an historically very low 4.1 per cent — and total. It was the lowest reading since q1 2021, with goods inflation sharply.