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Who calculates the inflation rate in US?

Inflation rate is calculated by Reserve Bank of India . For inflation rate , basic necessitygoods price is taken as base and on that bases inflation rate is calculated.


What would 500000 us in cash be equivalent in 2008?

To determine the equivalent value of $500,000 in cash in 2008, we can use the Consumer Price Index (CPI) to account for inflation. The average inflation rate from 2008 to 2023 has been approximately 2% per year. Using this rate, $500,000 in 2023 would be roughly equivalent to around $370,000 in 2008 dollars, though exact values can vary based on specific inflation calculations.


What is the current inflation rate in the US?

5.02% according to http://www.inflationdata.com/inflation/inflation_rate/CurrentInflation.asp


If the inflation rate in the US is greater than the inflation rate in Sweden other things held constant the Swedish currency will?

The Swedish currency will appreciate against the US dollar.


Is the US experiencing a high inflation rate?

No, we are actually experiencing a low rate of inflation. In 2009 there were 8 months were we actually saw deflation.


What is the US national Inflation rate in 2010?

4 percent


Does inflation have anything to do with?

Inflation refers to the rate of increase of goods and services in a country Let us say the inflation rate of your country is 10% then whatever was worth $100 last year is worth $110 this year. This is the effect of inflation.


What is the current US inflation rate?

5.35%. I just looked it up.


What is the highest inflation rate ever recorded in the US?

During 1980 it was 13.58%


Is a military retiree's pay indexed for inflation?

US Military retirees are subject to a yearly COLA increase (Cost Of Living Allowance), that is indexed to the official CPI inflation rate in the US.


What was happening in the us when Ronald Reagan was elected?

trouble with Iran very high inflation rate


What is the Effective tax rate in the US in 2008?

35%