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A country has the following data for its only two consumer goods, X and Y.
Survey Year | Base Year | Current Period | |
---|---|---|---|
Qx | 6 | 8 | 12 |
Qy | 10 | 11 | 13 |
Px | $10 | $14 | $16 |
Py | $7 | $10 | $12 |
What is the value for the CPI in the current period?
CPI:
A country has the following data for its only two consumer goods, X and Y.
Survey Year | Base Year | Current Period | |
---|---|---|---|
Qx | 6 | 8 | 12 |
Qy | 10 | 11 | 13 |
Px | $10 | $14 | $16 |
Py | $7 | $10 | $12 |
How much inflation has there been cumulatively since the base year?
Inflation: %