Australian inflation rate in 2013: 2.48%

Australia Inflation Calculator

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Australian Inflation Rate, 2013-2018 (AU$1)

The consumer price index (CPI) in 2013 was 103.5. 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 1.48% per year. Prices in 2018 are 7.6% higher than prices in 2013.

In other words, AU$1 in the year 2013 is equivalent in purchasing power to AU$1.08 in 2018, a difference of AU$0.08 over 5 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 2013 to 2018
Cumulative price change 7.60%
Average inflation rate 1.48%
Price difference (AU$1 base) AU$0.08
CPI in 2013 103.5
CPI in 2018 111.3692


AUD inflation chart from 1922 to 2017


How to calculate the inflation rate for AU$1 since 2013

Start with the inflation rate formula:

CPI in 2018 / CPI in 2013 * 2013 AUD value = 2018 AUD value

Then plug in historical CPI values. The Australian CPI was 103.5 in the year 2013 and 111.3692 in 2018:

111.3692 / 103.5 * AU$1 = AU$1.08

AU$1 in 2013 has the same "purchasing power" as AU$1.08 in 2018.


News headlines from 2013

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

  • 100,000 people march in Dhaka demanding justice for the atrocities committed during the Bangladesh Liberation War.
  • Pope Benedict XVI resigns, becoming the first pope to do so since 1415.
  • Two explosions near the finish line of the Boston Marathon, kill 3 and injure 183 people,
  • Xi Jinping becomes President of the People's Republic of China.

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 2013 | Australia Inflation Calculator.” FinanceRef Inflation Calculator, Alioth Finance, 18 Jan. 2018, http://www.in2013dollars.com/Australia-inflation-rate-in-2013.


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