How to Calculate Rate of Inflation?
Rate of Inflation calculator uses rate_of_inflation = (Ending Consumer Price Index-Initial Consumer Price Index)/Initial Consumer Price Index to calculate the Rate of Inflation, The rate of inflation measures the percentage change in the purchasing power of a particular currency. As the cost of prices increases, the purchasing power of the currency decreases. Rate of Inflation and is denoted by R symbol.
How to calculate Rate of Inflation using this online calculator? To use this online calculator for Rate of Inflation, enter Ending Consumer Price Index (Ending CPI) and Initial Consumer Price Index (Initial CPI) and hit the calculate button. Here is how the Rate of Inflation calculation can be explained with given input values -> 0.06 = (106-100)/100.