The table below shows the Consumer Prices Index (CPI) for a country over a seven-year period.
| Year | End of year prices index |
|---|---|
| 1 | 100 |
| 2 | 105 |
| 3 | 109 |
| 4 | 107 |
| 5 | 112 |
| 6 | 115 |
| 7 | 112 |
Which one of the following can be concluded from the table?
The country experienced disinflation in Year 6
The country experienced deflation in Year 3
The inflation rate was highest in Year 5
The only period of deflation was in Year 7
327 exam-style questions on AQA A Level Economics 2.3 Economic performance, covering 2.3.1 Economic growth and the economic cycle, 2.3.2 Employment and unemployment, 2.3.3 Inflation and deflation, and 2.3.4 Possible conflicts between macroeconomic policy objectives. Each one has a worked solution and a mark scheme showing where the marks go.