How "Nauru's price level at the end of 2013 is lower than it was at the start of 2010." is the right answer? The answer said "The price level at the end of 2013 is (1 - 0.182) (1 + 0.181) (1 + 0.241) (1 - 0.217) = 0.939 of that at the start of 2010, i.e. a fall of 6.1%." but, price level in 2010 was -18.2%, which is lower than 2013. Can you please clarify it?

QUESTION 15.1 CHOOSE THE CORRECT ANSWER(S) The following table shows the annual inflation rate (the GDP deflator) of Japan, the UK, China and Nauru in the period 20102013 (Source, World Bank): 2010 2011 2012 2013 Japan 1.9% 1.7% 0.8% -0.3% U K 1.6% 2.0% 1.6% 1.9% China 6.9% 8.2% 2.4% 2.2% Nauru 18.2% 18.1% 24.1% 21.7% Based on this information, which of the following statements is correct? Cl Japan experienced a persistent period of disinflation between 2010 and 2013. C] In the UK the price of goods and services remained stable between 2010 and 2013. C] China has been experiencing deflationary pressure between 2011 and 2013. C] Nauru's price level at the end of 2013 is lower than it was at the start of 2010