Historical Year Data · 2008

Australia CPI Index in 2008

Australia CPI Index opened 2008 at 83.86 and closed at 85.81, a +2.33% move for the year. The high of 86.09 was reached on July 1, and the low of 83.86 on January 1.

Open

83.86

2008-01

85.81

4 data points

High

86.09

Jul 1

Low

83.86

Jan 1

Full Year Change

+2.33%

2007 Change

+2.89%

Monthly Breakdown

Month	Open	Close	High	Low	Change
Jan	83.86	83.86	83.86	83.86	+0.00%
Apr	85.07	85.07	85.07	85.07	+0.00%
Jul	86.09	86.09	86.09	86.09	+0.00%
Oct	85.81	85.81	85.81	85.81	+0.00%

Events During 2008

2008 Financial Crisis

Deflation

September 2007 – March 2009

The 2008 Financial Crisis remains the deepest and most instructive market event of the 21st century. Subprime losses cascaded through leveraged balance sheets, froze interbank lending, and forced unprecedented central bank intervention.

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