VernumoEveryday economics from official statistics

Inflation rate in Australia by year since 1960

Inflation rate by country in 1985

In 1985, annual inflation in Australia was 6.7%, ranking 5 of 20 countries. The highest was Portugal at 19.5%.

RankCountryAnnual inflation
1Portugal19.5%
2Italy9.2%
3Spain8.8%
4Sweden7.4%
5Australia6.7%
6UK6.1%
7France5.8%
8Norway5.7%
9Ireland5.4%
10Finland5.2%
11Belgium4.9%
12Denmark4.7%
13Canada4%
14U.S.3.5%
15Switzerland3.4%
16Austria3.2%
17South Korea2.5%
18Netherlands2.3%
19Germany2.1%
20Japan2%

Other years

Annual inflation = average consumer price index for the year ÷ the previous year’s average − 1. Source: OECD annual consumer price indexes; the most recent years for the U.S. and Japan are extended with national indexes (BLS, Statistics Bureau of Japan). Monthly 12-month rates published by national agencies can differ.

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