Australia - Inflation, consumer prices (annual %)

Inflation, consumer prices (annual %) in Australia was at 1.277 %, according to the World Bank collection of development indicators, compiled from officially recognized sources.



 australia inflation consumer prices annual percent wb data




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Inflation as measured by the consumer price index reflects the annual percentage change in the cost to the average consumer of acquiring a basket of goods and services that may be fixed or changed at specified intervals, such as yearly. The Laspeyres formula is generally used.


Australia | Economy & Growth

GDP (current US$)
1339140527498 USD
GDP (current LCU)
1609513000000 LCU
GDP (constant 2005 US$)
1301024566004 USD
GDP (constant LCU)
1620073000000 LCU
GNI (current US$)
1311629919294 USD
GNI (current LCU)
1576448000000 LCU
GNI (constant 2005 US$)
1274357472488 USD
GNI (constant LCU)
1587532364094 LCU
Gross savings (current US$)
308227129422 USD
Gross savings (current LCU)
370458186852 LCU