To find the rate of inflation over any period of time, consult the consumer price index maintained by the Bureau of Labor Statistics, explains By gathering data from all U.S cities, this index measures... More » Business & Finance Financial Planning

Inflation rates are calculated by the percentage difference between the Consumer Price Index, or CPI, of two dates. The inflation rate for the annual period between October 2014 and October 2015 is calculated by subtract... More » Business & Finance Currency & Conversions

According to statistics from the Bureau of Labor Statistics, the U.S. inflation rate for 2014 was 1.6 percent, a 0.1 percent increase over the 2013 inflation rate. The inflation rate for the 12-month period ending in Jan... More » World View Social Sciences Economics

To read a consumer price index (CPI) table, it is important to know that most CPI tables use a base reference, which is the time period between 1982 and 1984 and changes in indexes for other time periods are in relation ... More » Business & Finance Industries

To calculate inflation using the consumer price index, or CPI, subtract the CPI of the previous year from the CPI of the current year, divide the result by the CPI of the previous year, and then multiply the outcome by 1... More »

The inflation rate calculated with the help of the gross domestic product, or GDP, deflator uses the price index that indicates how much of the GDP has changed in the previous year is based on changes in the price level.... More »

The information conveyed in the consumer price index is the average amount of change over time in the price paid by urban households for a defined set of consumer goods and services. The percent of change is considered t... More » World View Social Sciences Economics