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Assume the CPI increases from 129.3 to 131.6 over the period. What is the inflation rate implied by this CPI change over this period?

Assume the CPI increases from 129.3 to 131.6 over the period. What is the inflation rate implied by this CPI change over this period? (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places.) Inflation rate %

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