Rapidly calculate how the buying power of australian dollar has changed over time from year 1949 to present.
How to Calculate the Australia Inflation Rate
Calculates the equivalent value of the Australia dollar in any year from 1949 to present. Calculations are based on the All Groups CPI, Weighted Average of Eight Capital Cities, Index Numbers (see the below table).This inflation calculator uses the following formula to calcualte the australia inflation rate.
Inflation Rate = ( CPI2 - CPI1 )CPI1 × 100
Where,
CPI - consumer price index.
CPI2 - The consumer price index in the second period.
CPI1 - The consumer price index in the previous period.
Australia Consumer Price Index (CPI) Table
The below table provides Australian Consumer Price Index: 1948 to 2023
Year
CPI
2023
134.4
2022
127.3
2021
119.4
2020
116.1
2019
115.1
2018
113.3
2017
111.2
2016
109.1
2015
107.7
2014
106.1
2013
103.5
2012
101
2011
99.3
2010
96.1
2009
93.4
2008
91.8
2007
87.9
2006
85.9
2005
83
2004
80.8
2003
78.9
2002
76.9
2001
74.6
2000
71.5
1999
68.4
1998
67.4
1997
66.9
1996
66.7
1995
65
1994
62.1
1993
60.9
1992
59.9
1991
59.3
1990
57.5
1989
53.5
1988
49.8
1987
46.4
1986
42.8
1985
39.2
1984
36.8
1983
35.4
1982
32.1
1981
28.9
1980
26.3
1979
23.9
1978
21.9
1977
20.3
1976
18.1
1975
16
1974
13.9
1973
12
1972
11
1971
10.4
1970
9.8
1969
9.5
1968
9.1
1967
8.9
1966
8.6
1965
8.4
1964
8.1
1963
7.9
1962
7.8
1961
7.8
1960
7.7
1959
7.4
1958
7.2
1957
7.2
1956
7
1955
6.6
1954
6.5
1953
6.4
1952
6.1
1951
5.2
1950
4.4
1949
4
Last updated on 23/03/2024
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