| Inflation Rate Australia % PA |
| 2010 - Q4 | 2011 - Q1 | 2011 - Q2 | 2011 - Q3 |
| Oct | Nov | Dec | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sept |
| 2.70 %
|
2.70 %
|
2.70 %
|
3.30 %
|
3.30 %
|
3.30 %
|
3.60 %
|
3.60 %
|
3.60 %
|
3.50 %
|
3.50 %
|
3.50 %
|
| 2011 - Q4 | 2012 - Q1 | 2012 - Q2 | 2012 - Q3 |
| Oct | Nov | Dec | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sept |
| 3.10 % | 3.10 %
| 3.10 %
| 1.60 %
| 1.60 %
| 1.60 %
| 1.20 % | 1.20 % | 1.20 % | 2.00 % | 2.00 % | 2.00 % |
| 2012 - Q4 | 2013 - Q1 | 2013 - Q2 | 2013 - Q3 |
| Oct | Nov | Dec | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sept |
| 2.20 % | 2.20 % | 2.20 % | 2.50 % | 2.50 % | 2.50 % | 2.40 % | 2.40 % | 2.40 % | - % | - % | - % |
Australia Inflation rate is calculated Quarter-over-Quarter. Australia Inflation rate is posted Quarterly.
In the chart below you can see that $100 AU in year 1901 had the some Purchasing Power like $6,343 AU in 2008.
In simple words, whatever you could purchase with $100 AU in year 1901, you have to spend $6,343 AU in 2008 to purchase
more or less the some goods.
Gold Standard was abandoned in 1971 and had huge impact on inflation resulting in losing the value of money faster. See chart above.
In 2008 the present value of $100 AU in year 1901 is $6,343 AU .
The average inflation rate in Australia over 1901-2008 period is 4.046% PA.
The average inflation rate in Australia over 1901-1971 period is 3.054% PA.This is the average inflation rate in Australia over Gold Standard period.
The average inflation rate in Australia over 1971-2008 period is 6.196% PA. This is the average inflation rate in Australia after Gold Standard period.
The Reserve Bank of Australia (RBA) inflation target is 2–3 % PA.
In simple words, whatever you could purchase with $100 AU in year 1901, you have to spend $6,343 AU in 2008 to purchase
more or less the some goods.
Gold Standard was abandoned in 1971 and had huge impact on inflation resulting in losing the value of money faster. See chart above.
In 2008 the present value of $100 AU in year 1901 is $6,343 AU .
The average inflation rate in Australia over 1901-2008 period is 4.046% PA.
The average inflation rate in Australia over 1901-1971 period is 3.054% PA.This is the average inflation rate in Australia over Gold Standard period.
The average inflation rate in Australia over 1971-2008 period is 6.196% PA. This is the average inflation rate in Australia after Gold Standard period.
The Reserve Bank of Australia (RBA) inflation target is 2–3 % PA.