0
Consumer Price Index meausres inflation.
Wiki User
∙ 16y ago
Add your answer:
Earn +20 pts
Why is the CPI a useful took for economists and business?
The CPI (consumer price index) is useful because it allows observation of the rate of inflation in a given economic region.
What was the rate of inflation between the base and 1989 if the CPI for 1989 was 124?
24 percent (gp)
In 1980 when the consumer price index (CPI) was 82.4 Ivan purchased a house for 71900. Assuming that the price of houses increased at the same rate as the CPI from 1970 to 1980 approximately how much?
33,900
What has been the inflation rate of India in the last ten years?
http://tradingeconomics.com/india/inflation-cpi
If the CPI was 110 last year and is 121 this year what is this years rate of inflation?
This year's rate of inflation is 10% or [(121 - 110)/110] x 100.
What is the current cpix rate?
The current CPI inflation rate is 3.5%.
If the cpi rises what happens to prime rate?
If the CPI or Consumer Price Index rises the prime rate will stay the same, but may be adjusted to reflect the state of the economy. An instant rise in the CPI does not equate to an instant rise or decrease in the prime rate. The prime rate is adjusted after several economic factors are reviewed.
What is the CPI of Saudi Arabia?
Saudi gold rate per gram
Why is the CPI a useful took for economists and business?
The CPI (consumer price index) is useful because it allows observation of the rate of inflation in a given economic region.
What was the rate of inflation between the base and 1989 if the CPI for 1989 was 124?
24 percent (gp)
What has been the inflation rate of India in the last ten years?
http://tradingeconomics.com/india/inflation-cpi
Does CPI only count domestic goods?
Consumer Price Index, or CPI, is a measure of changes in the purchasing power of a currency and the rate of inflation. It also considers imported goods, as well as domestic products.
In 1980 when the consumer price index (CPI) was 82.4 Ivan purchased a house for 71900. Assuming that the price of houses increased at the same rate as the CPI from 1970 to 1980 approximately how much?
33,900
What is chained CPI?
Chained CPI is 0.3% less than the Normal CPI.
If the CPI was 110 last year and is 121 this year what is this years rate of inflation?
This year's rate of inflation is 10% or [(121 - 110)/110] x 100.
If the CPI for transportation was 112.7 in 1970 and 243.7 in 1980 what was the inflation rate for transportation between 1970 and 1980?
116.2%
What is CPI and how do you calculate cpi?
146.8Type your answer here...
