Inflation rate

Formula

Inflation rate formula
Ir
inflation rate
P0
current average price level
P1
price level a year ago

Formula description

In economics, the inflation rate is a measure of inflation, the rate of increase of a price index. It is the percentage rate of change in price level over time.The rate of decrease in the purchasing power of money is approximately equal.

Calculator (how to use calculator?)

Inflation rate formula
P0
P1
Ir
Precision

Formula code

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References

  1. Wikipedia: Inflation rate.

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