Australian inflation rate in 1990: 7.48%

Australia Inflation Calculator


Australian Inflation Rate, 1990-2018 (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 consumer price index, the dollar experienced an average inflation rate of 2.39% per year. Prices in 2018 are 93.7% higher than prices in 1990.

In other words, AU$1 in the year 1990 is equivalent in purchasing power to AU$1.94 in 2018, a difference of AU$0.94 over 28 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 1990 to 2018
Cumulative price change 93.69%
Average inflation rate 2.39%
Price difference (AU$1 base) AU$0.94
CPI in 1990 57.5
CPI in 2018 111.3692

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 2018 / CPI in 1990 * 1990 AUD value = 2018 AUD value

Then plug in historical CPI values. The Australian CPI was 57.5 in the year 1990 and 111.3692 in 2018:

111.3692 / 57.5 * AU$1 = AU$1.94

AU$1 in 1990 has the same "purchasing power" as AU$1.94 in 2018.

News headlines from 1990

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

  • 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

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 1990 | Australia Inflation Calculator.” FinanceRef Inflation Calculator, Alioth Finance, 24 Apr. 2018,

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