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Softusvista Office (Pune), India
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Bhilai Institute of Technology (BIT), Raipur
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Rate of Inflation Solution

STEP 0: Pre-Calculation Summary
Formula Used
rate_of_inflation = (Ending Consumer Price Index-Initial Consumer Price Index)/Initial Consumer Price Index
R = (Ending CPI-Initial CPI)/Initial CPI
This formula uses 2 Variables
Variables Used
Ending Consumer Price Index- Ending Consumer Price Index is a measure that examines the final weighted average of prices of a basket of consumer goods and services, such as transportation, food and medical care.
Initial Consumer Price Index- Initial Consumer Price Index is a measure that examines the initial weighted average of prices of a basket of consumer goods and services, such as transportation, food and medical care.
STEP 1: Convert Input(s) to Base Unit
Ending Consumer Price Index: 106 --> No Conversion Required
Initial Consumer Price Index: 100 --> No Conversion Required
STEP 2: Evaluate Formula
Substituting Input Values in Formula
R = (Ending CPI-Initial CPI)/Initial CPI --> (106-100)/100
Evaluating ... ...
R = 0.06
STEP 3: Convert Result to Output's Unit
0.06 --> No Conversion Required
FINAL ANSWER
0.06 <-- Rate of Inflation
(Calculation completed in 00.016 seconds)
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Rate of Inflation Formula

rate_of_inflation = (Ending Consumer Price Index-Initial Consumer Price Index)/Initial Consumer Price Index
R = (Ending CPI-Initial CPI)/Initial CPI

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.

FAQ

What is 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 and is represented as R = (Ending CPI-Initial CPI)/Initial CPI or rate_of_inflation = (Ending Consumer Price Index-Initial Consumer Price Index)/Initial Consumer Price Index. Ending Consumer Price Index is a measure that examines the final weighted average of prices of a basket of consumer goods and services, such as transportation, food and medical care and Initial Consumer Price Index is a measure that examines the initial weighted average of prices of a basket of consumer goods and services, such as transportation, food and medical care.
How to calculate 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 is calculated using rate_of_inflation = (Ending Consumer Price Index-Initial Consumer Price Index)/Initial Consumer Price Index. To calculate Rate of Inflation, you need Ending Consumer Price Index (Ending CPI) and Initial Consumer Price Index (Initial CPI). With our tool, you need to enter the respective value for Ending Consumer Price Index and Initial Consumer Price Index and hit the calculate button. You can also select the units (if any) for Input(s) and the Output as well.
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