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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.
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 will bi the formula of inflation?
Current year's inflation - last year's inflation / last year's inflation * 100 e.g ((B-A)/A)*100
Real GDP is rising at a 5% rate, unemployment is at 6% and falling, and inflation is rising at about 2% per year. Where in the business cycle is the economy?
expansion
What is the inflation rate in Uganda?
Uganda bureau data show, and in July, the inflation rate was 3.2%, the lowest point in the last three years. The inflation down is mainly due to the food supply, food prices 2.2% year-on-year drop. But not including food, fuel, water and electricity core inflation rate is still 4.6%.
Did the unemployment rate in Norway increase since last year?
no, it went down from 3.5% to 2.4%.
Why the inflation rate is calculated?
Inflation is measured by calculating the percentage rate of change of price index, which is calledthe inflation rate. The rate of inflation is usually expressed in annualised term, though the measurment periods are usually different from one year. Inflation rate= p - P /P *100 i.e, p minus P divided by P into100. Where, p= current average price level, P= price level a year ago.
If the consumer price index was 155 last year and 160 this year what was this years rate of inflation?
((160-155)/155)*100=3.2%
Is cyclical unemployment and the natural rate of employment the same?
Natural Rate of Unemployment -The natural rate of unemployment is unemployment that does not go away on its own even in the long run. -It is the amount of unemployment that the economy normally experiences.Cyclical Unemployment -Cyclical unemployment refers to the year-to-year fluctuations in unemployment around its natural rate. -It is associated with with short-term ups and downs of the business cycle.
The one year nominal interest rate is 7.97 and the real interest rate is 3.54 what is the expected inflation rate?
The expected inflation rate is 11.51%
How can one determine the annual inflation rate?
To determine the annual inflation rate, one can compare the Consumer Price Index (CPI) from the current year to the CPI from the previous year. The formula for calculating inflation rate is: (CPI current year - CPI previous year) / CPI previous year x 100. This will give you the percentage increase in prices over the year, which represents the annual inflation rate.
Sri lanka's present inflation rate?
0.7 % (Compared to last year price index) as at end September 2009
