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The price Index values used to calculate headline and core Inflation for 2018 through 2022 are found in the table below: Year 2018 2019

 

The price Index values used to calculate headline and core Inflation for 2018 through 2022 are found in the table below: Year 2018 2019 2820 2021 2822 Series 1 132.00 136.22 138.26 143.24 144.81 Annual Inflation Rate n/a % % % % Series 2 122.00 124.56 126.68 129.72 131.791 Annual Inflation Rate n/a % % a. Calculate the annual Inflation rates for each series and enter the numbers in the table above. Instructions: Round your answers to one decimal place. b. Which series represents core Inflation? Core Inflation removes food and energy prices so we expect more fluctuation from year to year-Series 1. Core Inflation includes food and energy prices so we expect less fluctuation from year to year-Series 2 Core Inflation includes food and energy prices so we expect more fluctuation from year to year-Series 1. O Core Inflation removes food and energy prices so we expect less fluctuation from year to year-Series 2.

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