Cost of food in Australia increased 8 percent in March of 2023 over the same month in the previous year. Food Inflation in Australia averaged 5.17 percent from 1973 until 2023, reaching an all time high of 20.60 percent in the fourth quarter of 1973 and a record low of -3.20 percent in the second quarter of 2012. This page provides – Australia Inflation Rate – actual values, historical data, forecast, chart, statistics, economic calendar and news.
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