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2.1.2 Inflation

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Question 3

The table below shows the US Consumer Price Index for All Urban Consumers (CPI-U) for the 'Food and Beverages' category in three consecutive years.

PeriodCPI-U (Food and Beverages)
June 2021275.6
June 2022304.3
June 2023321.6

Calculate the percentage change in this price index from June 2021 to June 2022. You are advised to show your working.

[2]

2.1.2 Inflation Questions

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