Pete is a student who spends 10 percent of his expenditure on books and supplies, 30 percent on tuition, 30 percent on rent, 10 percent on food and drink, 10 percent on transportation, and the rest on clothing. The price index for each item was 100 in 2000. Table 1 shows the prices in 2011.

What is Pete’s CPI in 2011? (Hint: The contribution of each item to the CPI is its price weighted by its share of total expenditure.) Did Pete experience a higher or lower inflation rate between 2000 and 2011 than the student whose CPI is shown on p. 221?