What Is The Inflation Rate Calculator?
The CPI is used to calculate inflation. By calculating a weighted average value for each commodity and service, the CPI calculates changes in price for both.
One can measure inflation using CPI or consumer Price Index. Inflation = ((CPI x+1 – CPIx)/ CPIx))*100 Where, CPIx is Initial Consumer Price of Index
What effect does inflation have on your savings?
How to overcome inflation?