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2. Calculate the annual average inflation rate for the period 2000-2016 (16 years). 3. Provide one example of each calculation, and round your final results
2. Calculate the annual average inflation rate for the period 2000-2016 (16 years). 3. Provide one example of each calculation, and round your final results to two decimal places.
| Value of basket | Annual Inflation Rate | CPI index | Annual Inflation Rate | CPI index | Annual Inflation Rate |
of goods | 2000=100 | 2010=100 | ||||
2009 | 430,298 |
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2010 | 407,865 |
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2011 | 592,873 |
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2012 | 651,567 |
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2013 | 755,818 |
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2014 | 814,016 |
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2015 | 859,600 |
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2016 | 790,074 |
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