This document provides a template for calculating the rate of inflation between two years based on the Consumer Price Index (CPI). It shows the CPI for the previous year was $1000 and the current year's CPI is $1110. The rate of inflation is then calculated as 11% by taking the difference between the current and previous year's CPI and dividing it by the previous year's CPI.
This document provides a template for calculating the rate of inflation between two years based on the Consumer Price Index (CPI). It shows the CPI for the previous year was $1000 and the current year's CPI is $1110. The rate of inflation is then calculated as 11% by taking the difference between the current and previous year's CPI and dividing it by the previous year's CPI.
This document provides a template for calculating the rate of inflation between two years based on the Consumer Price Index (CPI). It shows the CPI for the previous year was $1000 and the current year's CPI is $1110. The rate of inflation is then calculated as 11% by taking the difference between the current and previous year's CPI and dividing it by the previous year's CPI.