Inflation Rate 2024 Australian Dollar. Australia inflation rate for 2021 was 2.86% , a 2.02% increase from 2020. Our quarterly statement on monetary policy sets out the rba s assessment of current economic and financial conditions as well as the.

 — driving movement may have been new zealand dollar (nzd) headwinds, as poor data from australia and china pressured the currency. This marks the fifth consecutive.