How do you find the US’s current inflation rate?
Question by DaStalkee: How do you find the US’s current inflation rate?
I’m having trouble finding it–imagine that. Does anyone have a direct link? The most current would do. Thanks!
Best answer:
Answer by broncoguy2005
Well you need to know the CPI’s. The rate at which the CPI increases, that is the rate of inflation. So for the current one, you take the current CPI and then subtract the CPI from a year ago. Then you divide that by the CPI of a year ago. Then multiply by 100 to get a percent rate of inflation. So the key fact here is CPI. Find the CPI and that can give you the rate of inflation
Give your answer to this question below!
@SwannyDPM what’s the current inflation rate? Bank bashing today? – by MrJPL (JPL)
February 15th, 2012 at 6:31 pm
If you measure inflation using the Consumer Price Index, then its on the website for the US Bureau of Labor Statistics.
4.1% for last year.