2024 Inflation Forecast Australia. Gdp growth is expected to have been 2¾ per cent over 2022 and to be 1½ per cent over both 2023 and 2024. See the purple line in the graph.
Australia’s economic growth will also slow, according to. Then, headline inflation is forecast to jump to 3.7 per cent by the end of next year, before falling back down to 2.6 per cent by the end of 2026.