Australian inflation rate in 1982: 11.07%

Australia Inflation Calculator

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Australian Inflation Rate, 1982-2018 (AU$1)

The consumer price index (CPI) in 1982 was 32.1. the Bureau of Statistics uses this CPI value to track inflation on a monthly basis.

According to the Bureau of Statistics consumer price index, the dollar experienced an average inflation rate of 3.52% per year. Prices in 2018 are 246.9% higher than prices in 1982.

In other words, AU$1 in the year 1982 is equivalent in purchasing power to AU$3.47 in 2018, a difference of AU$2.47 over 36 years.

The current inflation rate in 2018 is 1.80%1. If this number holds, AU$1 today will be equivalent to AU$1.02 next year.

Inflation from 1982 to 2018
Cumulative price change 246.94%
Average inflation rate 3.52%
Price difference (AU$1 base) AU$2.47
CPI in 1982 32.1
CPI in 2018 111.3692


AUD inflation chart from 1922 to 2017


How to calculate the inflation rate for AU$1 since 1982

Start with the inflation rate formula:

CPI in 2018 / CPI in 1982 * 1982 AUD value = 2018 AUD value

Then plug in historical CPI values. The Australian CPI was 32.1 in the year 1982 and 111.3692 in 2018:

111.3692 / 32.1 * AU$1 = AU$3.47

AU$1 in 1982 has the same "purchasing power" as AU$3.47 in 2018.


News headlines from 1982

Politics and news often influence economic performance. Here's what was happening at the time:

  • The Falkland Islands are seized from Great Britain by several thousand Argentine troops.
  • Canada's constitution is adopted.
  • The General Belgrano, an Argentine cruiser is sunk by Conqueror, a British Submarine; more than 350 men are killed
  • Argentina surrenders to Great Britain ending the Falklands conflict.

Inflation Data Source

Raw data for these calculations comes from 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).

You may use the following MLA citation for this page: “Inflation Rate in 1982 | Australia Inflation Calculator.” FinanceRef Inflation Calculator, Alioth Finance, 17 Jan. 2018, http://www.in2013dollars.com/Australia-inflation-rate-in-1982.


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