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What is the Consumer Price Index (CPI) in Australia?

In Australia, the Consumer Price Index or CPI measures changes in the prices paid by consumers for a basket of goods and services. Compare Consumer Price Index CPI by Country Consumer Price Index CPI in Australia increased to 139.10 points in the third quarter of 2024 from 138.80 points in the second quarter of 2024.

How did the Consumer Price Index (CPI) perform in 2024?

The Consumer Price Index (CPI) rose 0.2% this quarter. Over the twelve months to the September 2024 quarter, the CPI rose 2.8%. The most significant price rises this quarter were Recreation and culture (+1.3%), Food and non-alcoholic beverages (+0.6%), and Alcohol and tobacco (+1.3%).

What is the monthly CPI indicator?

The monthly CPI indicator is a general measure of price change for goods and services purchased by Australian households. Monthly data is published at the national level, derived as a weighted average of the eight capital cities.

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Risk warning: Digital asset trading is an emerging industry with bright prospects, but it also comes with huge risks as it is a new market. The risk is especially high in leveraged trading since leverage magnifies profits and amplifies risks at the same time. Please make sure you have a thorough understanding of the industry, the leveraged trading models, and the rules of trading before opening a position. Additionally, we strongly recommend that you identify your risk tolerance and only accept the risks you are willing to take. All trading involves risks, so you must be cautious when entering the market.

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