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Go to the website Statistics Canada (www.statcan.gc.ca) and find data on the consumer price index , annual average , not seasonally adjusted. Answer the following

Go to the website Statistics Canada (www.statcan.gc.ca) and find data on the consumer price index , annual average , not seasonally adjusted. Answer the following questions;

1) Calculate the inflation rate of eight of the main items between 2017 and 2018 using formula. what items showed the highest inflation rate ? what items showed the lowest inflation rate ? why? explain your answer ?

2)How do you think the basket of goods and services you buy differs from the basket bought by the typical Canadian household? Do you think you face a higher or lower inflation rate than is indicated by the CPI? why?

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