Inflation, while not given headline status, has nevertheless been included as a supplementary dimension because of its relevance to whether life in Australia is getting better.
Since 2001-02, the annual rate of inflation in Australia as measured by the Consumer Price Index has remained reasonably stable at around 3%.
Since 2004-05, the rate of inflation expressed in the Domestic Final Demand price index has been similar to that seen in the CPI.
The sharp movement recorded in both indexes earlier in the decade was largely due to changes to Australia's tax system.
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