1. Calculating inflation using a simple price indexConsider an imaginary price index, the Undergraduate Price Index (UPI), created to represent the annual purchases made by a typical undergradute.The following table contains information on the market basket for the UPI and the price of each good in 2020, 2021, and 2022.The cost of each good in the basket as well as the basket's total cost are given for 2020.Perform these same calculations for 2021 and 2022, and enter the results in the following

inflation calculator

Rate of inflation eases slightly to 6.7% despite oil prices surging

How to Calculate an Inflation Rate Using GDP Deflator | Sapling

GDP deflator

GDP Deflator | Definition, Formula & Example

Top 13 main types of inflation and their examples

Inflation rate at highest point in 4 decades

Inflation rate in 2023 May reach projected 3.1 pct- Rafizi | New Straits Times