The table below displays the Consumer Price Index (CPI) for a country over a three-year period:
| Year | Consumer Price Index (CPI) |
|---|---|
| Year 1 | 114.2 |
| Year 2 | 121.8 |
| Year 3 | 125.1 |
What is the annual rate of inflation in Year 3?
2.6%2.6\%2.6%
2.7%2.7\%2.7%
3.3%3.3\%3.3%
9.5%9.5\%9.5%
77 exam-style questions on OCR A Level Economics Inflation. Each one has a worked solution and a mark scheme showing where the marks go.