Australian inflation rate in 2010: 2.89%

Australia Inflation Calculator

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Australian Inflation Rate, 2010-2018 (AU$1)

The consumer price index (CPI) in 2010 was 96.1. 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 1.86% per year. Prices in 2018 are 15.9% higher than prices in 2010.

In other words, AU$1 in the year 2010 is equivalent in purchasing power to AU$1.16 in 2018, a difference of AU$0.16 over 8 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 2010 to 2018
Cumulative price change 15.89%
Average inflation rate 1.86%
Price difference (AU$1 base) AU$0.16
CPI in 2010 96.1
CPI in 2018 111.3692


AUD inflation chart from 1922 to 2017


How to calculate the inflation rate for AU$1 since 2010

Start with the inflation rate formula:

CPI in 2018 / CPI in 2010 * 2010 AUD value = 2018 AUD value

Then plug in historical CPI values. The Australian CPI was 96.1 in the year 2010 and 111.3692 in 2018:

111.3692 / 96.1 * AU$1 = AU$1.16

AU$1 in 2010 has the same "purchasing power" as AU$1.16 in 2018.


News headlines from 2010

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

  • The Copiapo mining accident in Chile ends, after 33 miners resurface having spent 69 days trapped in the ruins.
  • Big Haiti earthquake kills 230,000 people and leaves most of Port-au-Prince, its capital, in ruins.
  • An explosion on the Deepwater Horizon (a drilling rig), kills 11 people and spills a massive amount of oil into the Gulf of Mexico.
  • The US army abolishes the "Don't Ask Don't Tell" policy, which had banned homosexuals from openly serving in the US military.

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 2010 | Australia Inflation Calculator.” FinanceRef Inflation Calculator, Alioth Finance, 23 Apr. 2018, http://www.in2013dollars.com/Australia-inflation-rate-in-2010.


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