Australian inflation rate in 1985: 6.52%

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Australian Inflation Rate, 1985-2017 (AU$1)

The consumer price index (CPI) in 1985 was 39.2. 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 3.26% per year. Prices in 2017 are 179.1% higher than prices in 1985.

In other words, AU$1 in the year 1985 is equivalent to AU$2.79 in 2017, a difference of AU$1.79 over 32 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 1985 to 2017
Cumulative price change 179.08%
Average inflation rate 3.26%
Price difference (AU$1 base) AU$1.79
CPI in 1985 39.2
CPI in 2017 109.4


AUD inflation chart from 1922 to 2017


How to calculate the inflation rate for AU$1 since 1985

Start with the inflation rate formula:

CPI in 2017 / CPI in 1985 * 1985 AUD value = 2017 AUD value

Then plug in historical CPI values. The Australian CPI was 39.2 in the year 1985 and 109.4 in 2017:

109.4 / 39.2 * AU$1 = AU$2.79

AU$1 in 1985 has the same "purchasing power" as AU$2.79 in 2017.


News headlines from 1985

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

  • Mikhail Gorbachev replaces Konstantin Chernenko as leader of the Soviet Union.
  • Earthquake with a magnitude of 8.1 rocks Mexico City and kills 10,000 people, leaving over 250,000 homeless.
  • Mikhail Gorbachev (leader of the Soviet Union) and Ronald Reagan (President of the United States) meet for the first time.
  • Ernie Wise makes the first mobile phone call in the UK.

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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