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Rate of Inflation

Last modified by
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Jul 24, 2020, 6:28:07 PM
Created by
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Jun 18, 2014, 9:27:15 AM
`"Rate of Inflation" = (( "Ending CPI" )_"x+1" - ( "Innitial CPI" )_x)/ ( "Innitial CPI" )_x)`
`"Innitial CPI"`
`"Ending CPI"`
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Finance
UUID
bc813d35-f6ca-11e3-b7aa-bc764e2038f2

The rate of inflation formula measures the percentage change in purchasing power of a particular currency. As the cost of prices increase, the purchasing power of the currency decreases. The subscript "x" refers to the initial consumer price index (CPI) for the period being calculated, or time x. And such, subscript "x+1" would be the ending consumer price index for the period calculated, or time x+1.
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