The consumer price index (CPI) in 2017 is 109.4. the Bureau of Statistics uses this CPI value to track inflation on a monthly basis.
AU$1 in the year 2017 is predicted to be worth AU$1.01 in 2018.
This calculation is based on future inflation assumption of 0.64% per year. Use the calculator on the left to change this prediction. Or, use the annual inflation rate calculator to view inflation in the past.
Below is a graph of inflation to date:
|Cumulative price change||0.64%|
|Average inflation rate||0.64%|
|Price difference (AU$1 base)||AU$0.01|
|CPI in 2017||109.4|
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).