Forex Fundamentals
Australia Inflation Rate (CPI)

Australia Inflation Rate (CPI) 24 April 2024

Australia Inflation Rate (CPI) 24 April 2024: 3.6% for Q1 2024, above the 3.4% forecast and down from 4.1% in Q4 2023. It is the lowest reading since Q4 2021. 7 of the last 12 releases came in above the forecast. Printed 3.6%, above the 2–3% target band. It was released on Wed 24 Apr 2024 at 01:30 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
3.6%
Q1 2024
Forecast
3.4%
The market consensus
Previous
4.1%
As the source gives it

What a print like this usually does

Above the forecast: An upside surprise, especially with persistent underlying inflation, can lift the Australian dollar meaningfully by shifting expected RBA rates higher.

Australia Inflation Rate (CPI) 24 April 2024: 3.6% for Q1 2024 against a 3.4% 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) 24 April 2024: 3.6% vs 3.4% forecast (Australian Bureau of Statistics). Forex Fundamentals, https://forexfundamentals.com/economic-calendar/au-cpi/2024-04-24

The last 12 releases · times in UTC
ReleasedForActualForecastPrevious
24 Apr 2024Q13.6%3.4%4.1%
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%
The release before:Australia Inflation Rate (CPI) 31 January 2024The release after:Australia Inflation Rate (CPI) 31 July 2024Australia Inflation Rate (CPI): every recent resultThis week’s economic calendar