The Consumer Prices Index (CPI) increases from 125 to 130 in a given year. This indicates that
the average price level has increased by 4%4\%4% over the year.
the rate of inflation has increased by 5%5\%5% over the year.
the price of every item in the consumer basket has risen by 4%4\%4%.
the cost of living has risen by exactly 5%5\%5% for all individual households.
