Australian inflation rate in 1982: 11.07%

Australia Inflation Calculator


Australian Inflation Rate, 1982-2017 (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, the dollar experienced an average inflation rate of 3.57% per year. Prices in 2017 are 240.8% higher than prices in 1982.

In other words, AU$1 in the year 1982 is equivalent to AU$3.41 in 2017, a difference of AU$2.41 over 35 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 1982 to 2017
Cumulative price change 240.81%
Average inflation rate 3.57%
Price difference (AU$1 base) AU$2.41
CPI in 1982 32.1
CPI in 2017 109.4

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 2017 / CPI in 1982 * 1982 AUD value = 2017 AUD value

Then plug in historical CPI values. The Australian CPI was 32.1 in the year 1982 and 109.4 in 2017:

109.4 / 32.1 * AU$1 = AU$3.41

The "purchasing power" of AU$1 from 1982 is AU$3.41 in 2017.

News headlines from 1982

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

  • 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: 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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