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2.1.2 Inflation

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Question 13

The table below shows the Consumer Price Index (CPI) for a European economy in June for three consecutive years.

PeriodConsumer Price Index (CPI)
June 2021110.8
June 2022120.3
June 2023128.6

Calculate the annual rate of inflation (percentage change in the CPI) from June 2021 to June 2022. You are advised to show your working.

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2.1.2 Inflation Questions

  1. A Level
  2. /Economics
  3. /2.1.2 Inflation