Cpi 2024 Australia Forecast. Australia's central bank is set to come under intense pressure to ease policy in coming weeks as government giveaways to alleviate the cost of living pull consumer prices. 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.
Brent crude oil price at us$82bbl. The actual cpi figure for the june 2024 quarter matched the rba’s forecast of 3.8% (treasury predicted 3.5%).