Bail Out asked in Social ScienceEconomics · 7 years ago

Inflation Rate calculation?

Inflation Rate calculation?

CPI for July 2013 is 231. CPI for July 2012 is 208. Please find inflation rate for July 2013.

The department says that it is 5.79. Can anyone show me how it is 5.79?

1 Answer

Relevance
  • 7 years ago
    Favorite Answer

    I would say it's (231-208)/208=0,1105... -> 11,1%

    Source(s): I study economy at uni
    • Log in to reply to the answers
Still have questions? Get answers by asking now.