Inflation

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Question 10
Easy

In 2019, the average monthly cost of a representative basket of goods and services in a European economy was £1,800£1,800£1,800. By 2024, the cost of the identical basket had risen to £2,106£2,106£2,106.

What is the value of the consumer price index in 2024, assuming 2019 is the base year?

85.585.585.5

117.0117.0117.0

17.017.017.0

130.6130.6130.6

Inflation Questions

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