oil crisis of 1973
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.
Solutions for inflation are, A. Technological advancement as it will decrease the per unit cost in the country and will support the industries to meet the excess demand pull and cost push problems. That will reduce the inflation in Pakistan. B. If it is demand pull inflation so Government should charge higher amount of taxes and facilitate more with the help of subsidies to firms by which they could meet up the problems of excessive demand and cost problem. That will also surely help us to solve the Inflation problem in Pakistan. By: Ghamz-e-Ali falconsial@yahoo.com
Higher inflation in the US is not a problem because its citizen consume and invest more when they expect higher inflation.
It is used for measuring inflation. It will track a basket of goods over a period of time measuring the cost along the way. The rise and fall of inflation is based on the consumer price index.
Median cost of a new home in 1928 (US) was $4,250. That equates to about $58,105.85 in 2016 with inflation.
Median income $1750 year Inflation was 6% a year Cost of Living increased 30% plus US government claimed only 19%
In 1912, it cost $7.5 million US dollars (using the US Department of Labor Inflation calculator, that would be roughly equivalent to $174 million in 2015).
5.02% according to http://www.inflationdata.com/inflation/inflation_rate/CurrentInflation.asp
6.96
inflation
according to sources, the inflation starting date in the U.S. is roughly 1770
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.