Australian inflation rate in 1952: 17.31%

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Australian Inflation Rate, 1952-2017 (AU$1)

The consumer price index (CPI) in 1952 was 6.1. the Bureau of Statistics uses this CPI value to track inflation on a monthly basis.

According to the Bureau of Statistics, the dollar experienced an average inflation rate of 4.54% per year. Prices in 2017 are 1693.4% higher than prices in 1952.

In other words, AU$1 in the year 1952 is equivalent to AU$17.93 in 2017, a difference of AU$16.93 over 65 years.

The current inflation rate in 2017 is 0.64%1. If this number holds, AU$1 today will be equivalent to AU$1.01 next year.

Inflation from 1952 to 2017
Cumulative price change 1693.44%
Average inflation rate 4.54%
Price difference (AU$1 base) AU$16.93
CPI in 1952 6.1
CPI in 2017 109.4


AUD inflation chart from 1922 to 2017


How to calculate the inflation rate for AU$1 since 1952

Start with the inflation rate formula:

CPI in 2017 / CPI in 1952 * 1952 AUD value = 2017 AUD value

Then plug in historical CPI values. The Australian CPI was 6.1 in the year 1952 and 109.4 in 2017:

109.4 / 6.1 * AU$1 = AU$17.93

AU$1 in 1952 has the same "purchasing power" as AU$17.93 in 2017.


News headlines from 1952

Politics and news often play an important role in economic performance.

  • Queen Elizabeth II's succeeds King George VI to the British throne.
  • The concept of the integrated circuit, the basis of modern computers, is published for the first time by Geoffrey Dummer.

Inflation Data Source: The government of Australia's annual (CPI) as provided by the Reserve Bank of Australia. The consumer price index was established in 1922 and is tracked by Australian Bureau of Statistics (ABS).


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