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Examine the table below and answer the questions that follow: Month CPI 2 0 2 1 CPI 2 0 2 2 January 9 4 .

Examine the table below and answer the questions that follow:
Month
CPI 2021
CPI 2022
January
94.8
100.2
February
95.4
100.8
March
96.1
101.8
April
96.7
102.4
May
96.8
103.1
June
97.0
104.2
July
98.1
105.8
August
98.5
106.0
September
98.7
106.1
October
99.0
106.5
November
99.4
106.8
December
100.0
107.2
Calculate the foilowing inflation rates:
Month-to-month inflation for August 2022
Blank 1%
Annual average inflation from 2021 to 2022
Blank 2%

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