Australia Inflation Rate (CPI)

Australia Inflation Rate (CPI) 30 October 2024

Australia Inflation Rate (CPI) 30 October 2024: 2.8% for Q3 2024, below the 2.9% forecast and down from 3.8% in Q2 2024. It is the lowest of the last 12 releases. 4 of the last 12 releases came in below the forecast. Printed 2.8%, inside the 2–3% target band. It was released on Wed 30 Oct 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
2.8%
Q3 2024
Forecast
2.9%
The market consensus
Previous
3.8%
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) 30 October 2024: 2.8% for Q3 2024 against a 2.9% 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) 30 October 2024: 2.8% vs 2.9% forecast (Australian Bureau of Statistics). Forex Fundamentals, https://forexfundamentals.com/economic-calendar/au-cpi/2024-10-30

The last 12 releases · times in UTC
ReleasedForActualForecastPrevious
30 Oct 2024Q32.8%2.9%3.8%
31 Jul 2024Q23.8%3.8%3.6%
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%