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With inflation rates rising around the globe, knowing how to calculate the rate using the GDP deflator is a useful tool. Inflation itself is the percentage change in price level f ...
The inflation rate can be measured in two distinct ways, CPI which measures the rate of change for typical spenders and PCE, which measures the comprehensive cost of goods and services.
How To Calculate Inflation Rates The two most frequently cited indexes that calculate the inflation rate in the U.S. are the Consumer Price Index (CPI) and the Personal Consumption Expenditures ...
Why your personal inflation rate is important The way inflation affects your budget is going to vary based on small, but significant differences in your spending.
When calculating the annual inflation rate over multiple years, you must account for the effects of compounding interest, so you may not simply divide the total inflation rate by the number of years.
How do I calculate my personal inflation rate? You can calculate your personal inflation rate by running through your receipts and bank statements and noting down how much you spent in the last month.
Price rises have been a real cause for economic concern in recent years. We take a look at how to calculate the rate of inflation.
What is your personal inflation rate, and what does it mean for you? Calculating your personal inflation rate can help you navigate rising prices and manage your money.