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Australia Inflation Rate 1970s

Name: Australia Inflation Rate 1970s
Creator: World Bank
License: https://creativecommons.org/licenses/by/4.0/

Consumer price inflation, annual % · World Bank

9.80% decade average (1970-1979)

Australia's inflation rate during the 1970s ranged from 3.44% (1970) to 15.42% (1974), averaging 9.80% over 10 years of data.

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1970s Data▾

Year	Value	Change	Rank
1970	3.44%	+0.16pp	34th
1971	6.14%	+2.70pp	66th
1972	6.02%	−0.11pp	46th
1973	9.09%	+3.07pp	38th
1974	15.42%	+6.33pp	38th
1975	15.16%	−0.25pp	61st
1976	13.32%	−1.84pp	76th
1977	12.31%	−1.01pp	62nd
1978	8.00%	−4.30pp	43rd
1979	9.12%	+1.12pp	40th