Quarter 1946 to the June quarter 1948, the 'C Series' RPI is used but with its rents component replaced by theįrom the September quarter 1948 onwards, the ‘Quarterly’ calculator uses the CPI published by the ABS. Also, for calendar and financial year data from the September
CURRENCY VALUE OVER TIME CALCULATOR SERIES
Consumption weights for this series were not updated after 1936. In coverage to the 'A Series' RPI but broader in scope insofar as it records the prices of a wider range of
Weighted average of the RPI for six State capital cities.įrom 1914 to June quarter 1948, the Australian Statistician's 'C Series' RPI is used. Further details are as follows:įrom 1901 to 1914, the Australian Statistician's 'A Series' Retail Price Index (RPI) is used, which provides the The calendar year, financial year and quarterly dataįrom 1922 to 1948 are not strictly comparable. The quarterly data areĪvailable from the June quarter 1922 and are from various issues of The Labour Report. From 1901 until theĬommencement of the CPI in 1948, the calendar and financial year data are from the ABS 1995 Year Book Australia. Of different retail price indices constructed by the Australian Statistician have been used. On the Consumer Price Index (CPI) published by the Australian Bureau of Statistics (ABS).
From the September quarter 1948 onwards, the series used is based Year Book of the Commonwealth of Australia, cat no 1301.0.ĭata have been compiled from various sources to produce a single long-running series that is representative ofĬhanges in consumer prices in Australia over time. Of pence to cents please refer to the Australian Bureau of Statistics 1965, 'Special Article - Decimal Currency', Also, one guinea was equivalent to 21 shillings. One pound was equal to 20 shillings, one shilling was equal to 12 pence, and so one Prior to decimalisation, currency was in the form of The Australian currency was decimalised on 14 February 1966. Respect to the Inflation Calculator's use. Or completeness of the resulting calculations and recommends that users exercise their own care and judgment with While every effort has been made by the Bank to ensure that the data andįormulae used to generate the results are accurate, the Bank accepts no liability or responsibility for the accuracy The results produced by the Inflation Calculator are intended as guides only and should not be regarded as Quarter 1966 and in pounds (£) for preceding periods.įor periods before 1966, use our pre-decimal inflation calculator. Values are denominated in dollars for periods from March
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