Cpi 2024 Australian Gold. The current weighting patterns for the slcis are published in annual weight update of the cpi and living cost indexes. Inflation expectations in australia decreased to 3.80 percent in november from 4 percent in october of 2024.
The reason why gold does not always react to the rises in the cpi is that the yellow metal is affected primarily by strong increases in inflation, while moderate increases in inflation or declining inflation do not materially impact the price of. 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.