Inflation

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Question 32
Easy

In 2012, a representative monthly household basket of essential goods and services cost £640£640£640. By 2022, the price of the identical basket had risen to £816£816£816.

What is the value of the consumer price index for 2022, assuming 2012 is the base year?

78.478.478.4

127.5127.5127.5

137.5137.5137.5

176.0176.0176.0

Inflation Questions

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