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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)
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∙ 14y ago
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