Australian inflation rate in 2009: 1.74%

Australia Inflation Calculator

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Australian Inflation Rate, 2009-2018 (AU$1)

The consumer price index (CPI) in 2009 was 93.4. 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 1.97% per year. Prices in 2018 are 19.2% higher than prices in 2009.

In other words, AU$1 in the year 2009 is equivalent in purchasing power to AU$1.19 in 2018, a difference of AU$0.19 over 9 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 2009 to 2018
Cumulative price change 19.24%
Average inflation rate 1.97%
Price difference (AU$1 base) AU$0.19
CPI in 2009 93.4
CPI in 2018 111.3692


AUD inflation chart from 1922 to 2017


How to calculate the inflation rate for AU$1 since 2009

Start with the inflation rate formula:

CPI in 2018 / CPI in 2009 * 2009 AUD value = 2018 AUD value

Then plug in historical CPI values. The Australian CPI was 93.4 in the year 2009 and 111.3692 in 2018:

111.3692 / 93.4 * AU$1 = AU$1.19

AU$1 in 2009 has the same "purchasing power" as AU$1.19 in 2018.


News headlines from 2009

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

  • Barack Obama is inaugurated as the 44th President of the United States.
  • An arrest warrant is issued for Omar Hassan al-Bashir, Sudanese President, by International Criminal Court, for war crimes and crimes against humanity. This is the first time a sitting head of state was indicted.
  • Chrysler, an automotive company, files for bankruptcy.

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 2009 | Australia Inflation Calculator.” FinanceRef Inflation Calculator, Alioth Finance, 19 Jan. 2018, http://www.in2013dollars.com/Australia-inflation-rate-in-2009.


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