Australian inflation rate in 2009: 1.74%

Australia Inflation Calculator


Australian Inflation Rate, 2009-2017 (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, the dollar experienced an average inflation rate of 2.00% per year. Prices in 2017 are 17.1% higher than prices in 2009.

In other words, AU$1 in the year 2009 is equivalent to AU$1.17 in 2017, a difference of AU$0.17 over 8 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 2009 to 2017
Cumulative price change 17.13%
Average inflation rate 2.00%
Price difference (AU$1 base) AU$0.17
CPI in 2009 93.4
CPI in 2017 109.4

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 2017 / CPI in 2009 * 2009 AUD value = 2017 AUD value

Then plug in historical CPI values. The Australian CPI was 93.4 in the year 2009 and 109.4 in 2017:

109.4 / 93.4 * AU$1 = AU$1.17

The "purchasing power" of AU$1 from 2009 is AU$1.17 in 2017.

News headlines from 2009

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

  • 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: 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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