# Australian inflation rate in 1926: 3.57%

## Australia Inflation Calculator

AU\$

### Australian Inflation Rate, 1926-2018 (AU\$100)

The consumer price index (CPI) in 1926 was 2.9. 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 4.05% per year. Prices in 2018 are 3740.3% higher than prices in 1926.

In other words, AU\$100 in the year 1926 is equivalent in purchasing power to AU\$3,840.32 in 2018, a difference of AU\$3,740.32 over 92 years.

Compared to last year's annual rate, the inflation rate in 2018 is now 1.80%1. If this number holds, AU\$100 today would be equivalent to AU\$101.80 next year.

 Cumulative price change 3740.32% Average inflation rate 4.05% Price difference (AU\$100 base) AU\$3,740.32 CPI in 1926 2.9 CPI in 2018 111.3692

### How to calculate the inflation rate for AU\$100 since 1926

This inflation calculator uses the following inflation rate formula:

CPI in 2018 / CPI in 1926 * 1926 AUD value = 2018 AUD value

Then plug in historical CPI values. The Australian CPI was 2.9 in the year 1926 and 111.3692 in 2018:

111.3692 / 2.9 * AU\$100 = AU\$3,840.32

AU\$100 in 1926 has the same "purchasing power" as AU\$3,840.32 in 2018.