Australia’s consumer price index (CPI) rose by 0.2 per cent quarter on quarter and 2.4 per cent YoY in the fourth quarter (Q4) last year, according to data from the Australian Bureau of Statistics.
The YoY rise was down from 2.8 per cent in Q3 2024 and the QoQ rise was the same as in Q3.
Annual trimmed mean inflation was 3.2 per cent in Q4 2024—down from 3.6 per cent in Q3.