Forex Fundamentals
Australia Inflation Rate (CPI)

Australia Inflation Rate (CPI) 31 January 2024

Australia Inflation Rate (CPI) 31 January 2024: 4.1% for Q4 2023, below the 4.3% forecast and down from 5.4% in Q3 2023. It is the lowest reading since Q4 2021. 5 of the last 12 releases came in below the forecast. Printed 4.1%, above the 2–3% target band. It was released on Wed 31 Jan 2024 at 00:30 UTC.

These figures were verified on 4 Oct 2026 from the source: Australian Bureau of Statistics. This page reports the release as published: the figures, the consensus forecast and what a print like it usually does to the currency.

Actual
4.1%
Q4 2023
Forecast
4.3%
The market consensus
Previous
5.4%
As the source gives it

What a print like this usually does

Below the forecast: A downside surprise can weaken the Australian dollar by bringing rate cuts closer, particularly if inflation is moving sustainably toward target.

Australia Inflation Rate (CPI) 31 January 2024: 4.1% for Q4 2023 against a 4.3% forecast, with the last 12 releases
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Cite this release

If you cite this release, please link to this page:

Australia Inflation Rate (CPI) 31 January 2024: 4.1% vs 4.3% forecast (Australian Bureau of Statistics). Forex Fundamentals, https://forexfundamentals.com/economic-calendar/au-cpi/2024-01-31

The last 12 releases · times in UTC
ReleasedForActualForecastPrevious
31 Jan 2024Q44.1%4.3%5.4%
25 Oct 2023Q35.4%5.3%6%
26 Jul 2023Q26%6.2%7%
26 Apr 2023Q17%6.9%7.8%
25 Jan 2023Q47.8%7.5%7.3%
26 Oct 2022Q37.3%7%6.1%
27 Jul 2022Q26.1%6.2%5.1%
27 Apr 2022Q15.1%4.6%3.5%
25 Jan 2022Q43.5%3.2%3%
27 Oct 2021Q33%3.1%3.8%
28 Jul 2021Q23.8%3.8%1.1%
28 Apr 2021Q11.1%1.4%0.9%
The release before:Australia Inflation Rate (CPI) 25 October 2023The release after:Australia Inflation Rate (CPI) 24 April 2024Australia Inflation Rate (CPI): every recent resultThis week’s economic calendar