Lesson summary: Price indices and inflation - Khan Academy
https://www.khanacademy.org/economics-finance-domain/ap-macroeconomics/economic-iondicators-and-the-business-cycle/price-indices-and-inflation/a/lesson-summary-price-indices-and-inflation
WEBTo calculate the rate of inflation, you implement this formula: inflation rate = C P I 2 − C P I 1 C P I 1 × 100 % Think of this formula this way—any rate of change (such as the rate of change of prices, which is what the inflation rate is measuring) can be calculated as: “new minus old, over old”:
DA: 20 PA: 20 MOZ Rank: 21