Consumer price index- average annual inflation rate

Reference no: EM13692330

If the year 2006 were used as the base year for the Consumer Price Index and in 2008 the CPI was 106, what was the average annual inflation rate for the two year period beginning in January 2007 and ending in December 2008? What was the CPI for the year 2006?

Reference no: EM13692330

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