Australian inflation rate in 1980: 10.46%

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Australian Inflation Rate, 1980-2017 (AU$1)

The consumer price index (CPI) in 1980 was 26.4. 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 3.92% per year. Prices in 2017 are 314.4% higher than prices in 1980.

In other words, AU$1 in the year 1980 is equivalent to AU$4.14 in 2017, a difference of AU$3.14 over 37 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 1980 to 2017
Cumulative price change 314.39%
Average inflation rate 3.92%
Price difference (AU$1 base) AU$3.14
CPI in 1980 26.4
CPI in 2017 109.4


AUD inflation chart from 1922 to 2017


How to calculate the inflation rate for AU$1 since 1980

Start with the inflation rate formula:

CPI in 2017 / CPI in 1980 * 1980 AUD value = 2017 AUD value

Then plug in historical CPI values. The Australian CPI was 26.4 in the year 1980 and 109.4 in 2017:

109.4 / 26.4 * AU$1 = AU$4.14

AU$1 in 1980 has the same "purchasing power" as AU$4.14 in 2017.


News headlines from 1980

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

  • Princess Victoria is crowned Princess of Sweden.
  • Iranian protesters storm the Russian embassy in Iran.
  • Abdou Diouf is elected president of Senegal after being Prime Minister for ten years.
  • Cable News Network (CNN) is transmitted for the first time.
  • Saddam Hussein, President of Iraq, declares a holy war on Iran.

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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