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consumer price index = market basket of desired year market basket of base year × 100 {\displaystyle {\text{consumer price index}}={\frac {\text{market basket of desired year}}{\text{market basket of base year}}}\times {\text{100}}} or CPI 2 CPI 1 = price 2 price 1 {\displaystyle {\frac {{\text{CPI}}{2}}{{\text{CPI}}{1}}}={\frac {{\text{price}}{2}}{{\text{price}}{1}}}} Where 1 is usually the comparison year and CPI1 is usually an index of 100.Alternatively

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Danika Abbott

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4y ago

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