The current rate of inflation in Australia?

Answer 1

Well according to the 2007 estimates (not sure who made these estimates) the Australian rate of inflation is 3%. The official CPI (Consumer Price Index) issued Quarterly from the 'Australian Bureau of Statistics' (http://abs.gov.au ) for the actual inflation rate is:-

-Dec 2004 - Dec 2005 = 2.8%

-Dec 2005 - Dec 2006 = 3.3%

-Dec 2006 - Dec 2007 = 3.0%

-Dec 2007 - Mar 2008 = 1.3%

-Mar 2008 - Jun 2008 = 1.5%

-Jun 2008 - Sept 2008 = 1.2%

= 4.0% (so far in 2008 - incomplete)

Answer 2

Australia's inflation rate, as of September 2008, was 5%.