Australian CPI data – annual inflation rose to 3.6% in April
May 29, 2024
The monthly CPI index rose by 3.6% in the 12 months to April. The most significant price increases were in Housing (+4.9%), Food & Non-Alcoholic Beverages (+3.8%), Alcohol & Tobacco (+6.5%) and Transport (+4.2%). The monthly CPI index rose by 3.6% in the 12 months to April, following a 3.5% increase in the 12 months to March. The annual movement in the monthly CPI excluding volatile items and holiday travel was 4.1% in April, unchanged from March.
