Australian inflation rate in 1990: 7.48%

Australia Inflation Calculator


Australian Inflation Rate, 1990-2017 (AU$1)

The consumer price index (CPI) in 1990 was 57.5. 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 2.41% per year. Prices in 2017 are 90.3% higher than prices in 1990.

In other words, AU$1 in the year 1990 is equivalent to AU$1.90 in 2017, a difference of AU$0.90 over 27 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 1990 to 2017
Cumulative price change 90.26%
Average inflation rate 2.41%
Price difference (AU$1 base) AU$0.90
CPI in 1990 57.5
CPI in 2017 109.4

AUD inflation chart from 1922 to 2017

How to calculate the inflation rate for AU$1 since 1990

Start with the inflation rate formula:

CPI in 2017 / CPI in 1990 * 1990 AUD value = 2017 AUD value

Then plug in historical CPI values. The Australian CPI was 57.5 in the year 1990 and 109.4 in 2017:

109.4 / 57.5 * AU$1 = AU$1.90

AU$1 in 1990 has the same "purchasing power" as AU$1.90 in 2017.

News headlines from 1990

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

  • Nelson Mandela is released having spent 27 years in South African prison.
  • The Hubble Space Telescope takes its first photos from space.
  • Dr Penny Jamieson, becomes the first woman to be made an Anglican Bishop, in New Zeeland
  • The United States sends troops to Saudi Arabia, marking the beginning of Operation Desert Shield.

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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