Question 844 gross domestic product deflator, consumer price index, inflation, no explanation
An Australian-owned company produces milk in New Zealand and exports all of it to China. If the price of the milk increases, which of the following would increase?
Question 1085 inflation, consumer price index, price gains and returns over time, arithmetic and geometric averages
Calculate the annual inflation rate between 30th September 1948 when the consumer price index (CPI) was 3.7 and 31st December 2023 when the CPI was 136.1, as published by the ABS. Note that you should find the annual CPI inflation rate between these dates.
The annual inflation rate over these 75.25 (=2024 - 1948.75) years was: