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the inflation rate was about what percent

the inflation rate was about what percent

Advanced Engineering Mathematics
Advanced Engineering Mathematics
10th Edition
ISBN:9780470458365
Author:Erwin Kreyszig
Publisher:Erwin Kreyszig
Chapter2: Second-order Linear Odes
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9. the inflation rate was about what percent

### Understanding Inflation and the Consumer Price Index (CPI) The Consumer Price Index (CPI) measures the average change over time in the prices paid by urban consumers for a market basket of consumer goods and services. The table below lists the Average Annual Consumer Price Index (CPI) values from 1981 to 2020. These values are based on the index year 1982-1984 = 100. #### CPI Table (1982-1984 = 100) | Year | CPI | Year | CPI | Year | CPI | |------|-------|------|-------|------|-------| | 1981 | 90.9 | 1995 | 152.4 | 2009 | 214.5 | | 1982 | 96.5 | 1996 | 156.9 | 2010 | 218.1 | | 1983 | 99.6 | 1997 | 160.5 | 2011 | 224.9 | | 1984 | 103.9 | 1998 | 163.0 | 2012 | 229.6 | | 1985 | 107.6 | 1999 | 166.6 | 2013 | 233.0 | | 1986 | 109.6 | 2000 | 172.2 | 2014 | 236.7 | | 1987 | 113.6 | 2001 | 177.1 | 2015 | 237.0 | | 1988 | 118.3 | 2002 | 179.9 | 2016 | 240.0 | | 1989 | 124.0 | 2003 | 184.0 | 2017 | 245.1 | | 1990 | 130.7 | 2004 | 188.9 | 2018 | 251.1 | | 1991 | 136.2 | 2005 | 195.3 | 2019 | 255.7 | | 1992 | 140.3 | 2006 | 201.6 | 2020 | 258.8 | | 1993 | 144.5 | 2007 | 207.3 | | | | 1994 | 148.2 |
Transcribed Image Text:### Understanding Inflation and the Consumer Price Index (CPI) The Consumer Price Index (CPI) measures the average change over time in the prices paid by urban consumers for a market basket of consumer goods and services. The table below lists the Average Annual Consumer Price Index (CPI) values from 1981 to 2020. These values are based on the index year 1982-1984 = 100. #### CPI Table (1982-1984 = 100) | Year | CPI | Year | CPI | Year | CPI | |------|-------|------|-------|------|-------| | 1981 | 90.9 | 1995 | 152.4 | 2009 | 214.5 | | 1982 | 96.5 | 1996 | 156.9 | 2010 | 218.1 | | 1983 | 99.6 | 1997 | 160.5 | 2011 | 224.9 | | 1984 | 103.9 | 1998 | 163.0 | 2012 | 229.6 | | 1985 | 107.6 | 1999 | 166.6 | 2013 | 233.0 | | 1986 | 109.6 | 2000 | 172.2 | 2014 | 236.7 | | 1987 | 113.6 | 2001 | 177.1 | 2015 | 237.0 | | 1988 | 118.3 | 2002 | 179.9 | 2016 | 240.0 | | 1989 | 124.0 | 2003 | 184.0 | 2017 | 245.1 | | 1990 | 130.7 | 2004 | 188.9 | 2018 | 251.1 | | 1991 | 136.2 | 2005 | 195.3 | 2019 | 255.7 | | 1992 | 140.3 | 2006 | 201.6 | 2020 | 258.8 | | 1993 | 144.5 | 2007 | 207.3 | | | | 1994 | 148.2 |
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