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Historical Year Data · 1988

Australia CPI Inflation (WEO) in 1988

Australia CPI Inflation (WEO) opened 1988 at 7.22% and closed at 7.22%, a +0.00% move for the year. The high of 7.22% was reached on December 31, and the low of 7.22% on December 31.

Open
7.22%
1988-01
Close
7.22%
1 data points
High
7.22%
Dec 31
Low
7.22%
Dec 31
Full Year Change
+0.00%
1987 Change
+0.00%

Monthly Breakdown

MonthOpenCloseHighLowChange
Dec7.22%7.22%7.22%7.22%+0.00%

Events During 1988

1982 Latin American Debt Crisis
Deflation
August 1982 – 1989

Mexico defaulted on its external debt in August 1982, triggering a seven-year crisis that engulfed Brazil, Argentina, Chile, and most of Latin America. The "lost decade" reshaped emerging market finance.

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1988
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