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Inflation

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Question 46

The table below displays the Consumer Price Index (CPI) for an economy over a three-year period.

YearConsumer Price Index (CPI)
Year 1115.2
Year 2122.5
Year 3128.8

What is the annual rate of inflation in Year 3 (to 1 decimal place)?

4.9%4.9\%4.9%

5.1%5.1\%5.1%

5.5%5.5\%5.5%

6.3%6.3\%6.3%

Inflation Questions

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  2. /Economics
  3. /Inflation