Question
9.1) As reported by the Bureau of Labor Statistics, the CPI for Airfare in 2263 was 561.47 (using a base year of 1914 = 100).
9.1) As reported by the Bureau of Labor Statistics, the CPI for Airfare in 2263 was 561.47 (using a base year of 1914 = 100). The CPI for Airfare in 2264 was 629.06. Based on this data, what was the inflation rate of airfare from 2263 to 2264?
Enter your answer in decimal format, 4 decimal places. For example, if the answer is 1.245%, enter as follow: 0.0125.
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A Practical Guide To Quantitative Finance Interviews
Authors: Xinfeng Zhou
1st Edition
1735028800, 978-1735028804
