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2.1.2 Inflation

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Question 23

The table below shows annual inflation rates for a selected economy in 2023:

Inflation MeasureAnnual Rate (%)
Consumer Prices Index (CPI)3.1
Retail Prices Index (RPI)3.8

From the data provided, it can be deduced that the percentage point difference between the RPI and CPI inflation rates was:

0.30.30.3

0.50.50.5

0.70.70.7

0.90.90.9

2.1.2 Inflation Questions

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