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Go to theCPI Inflation Calculator https://www.bls.gov/data/inflation_calculator.htm Input a dollar amount and input 2 different time periods.You can use any dollar amount and any time periods,
Go to theCPI Inflation Calculator
https://www.bls.gov/data/inflation_calculator.htm
- Input a dollar amount and input 2 different time periods.You can use any dollar amount and any time periods, but choose either the same months or the same years when you are comparing.
- Calculate the inflation rate over your chosen period. You must show your calculations.You need to show your numbers plugged into the correct formula.
- What does the inflation rate tell us about prices.Remember, the inflation rate could be negative depending on your choice of dates.
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