answersLogoWhite

0

To find the inflation rate between two years, you can use the formula: Inflation Rate ((CPI Year 2 - CPI Year 1) / CPI Year 1) x 100. CPI stands for Consumer Price Index, which measures the average change in prices over time. Subtract the CPI of the earlier year from the CPI of the later year, divide by the CPI of the earlier year, and multiply by 100 to get the inflation rate as a percentage.

User Avatar

AnswerBot

5mo ago

What else can I help you with?

Related Questions

How do you calculate the inflation rate between two years?

To calculate the inflation rate between two years, you can use the formula: Inflation Rate ((CPI Year 2 - CPI Year 1) / CPI Year 1) x 100. This formula compares the Consumer Price Index (CPI) of the two years to determine the percentage change in prices over time.


How do you compare inflation rate in India with world inflation rate?

Honestly, you can not compare inflation rate of world with India's. Each country have their own currency and policies hence different rate of inflation. You could find various different inflation rations for different commodities and then compare them with India's overall inflation rates.


How do you calculate the average inflation rate?

To calculate the average inflation rate, you would add up the inflation rates for each year and then divide by the total number of years. This will give you the average inflation rate over the specified time period.


What is inflation rate over last 20 years?

3.5%


What has been the inflation rate of India in the last ten years?

http://tradingeconomics.com/india/inflation-cpi


What is the inflation rate in Argentina?

based on the rate of price increases in three restaurants which I have eaten at for years, the price increases in the past year have been between 33% and 50%


What was the inflation rate between January 1st, 2020 and December 31st, 2020?

The inflation rate between January 1st, 2020 and December 31st, 2020 was approximately 1.4.


How long will it take for prices to double if there is a three percent rate of inflation?

Prices will double in approximately 24 years with a three percent rate of inflation.


What is the inflation rate in Texas?

current inflation rate in harris county


Table of inflation rate of India for last five years?

Inflation.eu is one of many sites that lists the inflation rates of India over the last 5 years. Since 2004, the inflation rate has risen and fallen, with a peak of 14.97 percent in 2009. The rate in 2013 was 9.13 percent.


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 inflation rate?

inflation