CPI Flashcards
1
Q
CPI=
A
(current year basket÷base year basket)*100
2
Q
%∆P=
A
((CPI new - CPI old)÷CPI old)*100
3
Q
Difference in Prices
A
old previous price*(current CPI÷previous CPI)
CPI=
(current year basket÷base year basket)*100
%∆P=
((CPI new - CPI old)÷CPI old)*100
Difference in Prices
old previous price*(current CPI÷previous CPI)