The annual variation rate of the CPI in Australia in December of 1974 was 16.7%, 3 tenths higher than the month before.The monthly variation rate of the CPI (Consumer Price Index) has been 3.5%, and thus the accumulated inflation in 1974 is 16.7%
We must highlight the increase of 21.7% in the prices of Communication, until its interannual rate reached 21.7%, which is in contrast to the decrease in the prices of Food and non-alcoholic beverages of 0%, and an interannual variation of 9.8%.
In this page we show you the progression of the CPI in Australia. You can see the inflation in other countries in CPI and see all the information about Australia in Australia's economy