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L The Consumer Price Indexes for January and February 2021 are given below: January 2021: 261.582 February 2021: 263.014 Source: Bureau of Labor Statistics - CPI for February 2021 2 Use January 2021 as the reference base year. 1. Compute the rate of inflation between January and February 2021. 2. How do you interpret this rate of inflation? O 0%; there was no inflation between January and February 2021. o 0.55%; from January 2021 to February 2021, the price level increased by 0.55%. O -1.43%; from January 2021 to February 2021, the price level decreased by 1.43%. O o 1.43%; from January 2021 to February 2021, the price level increased by 1.43%. 0 -0.55%; from January 2021 to February 2021, the price level decreased by 0.55%