If the consumer price index was 166.6 in one year and 172.2 in the next year, then the rate of inflation from one year to the next was:

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Vouze · Answer 1 · 2019-10-15T08:16:55+0000

The formula to find the inflation or deflation rate is (P2-P1)/P1 x 100%, therefore you get 172.2-166.6 divided by 166.6, giving you the inflation rate of 3.36 rounded to two decimal places.

If the consumer price index was 166.6 in one year and 172.2 in the next year, then the rate of inflation from one year to the next was:

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