The inflation rate is the average rate at which prices increase and purchasing power falls. With a yearly inflation rate of 4 percent, customers can buy 4 percent less this year than they could last year with the same am... More » Business & Finance Business Resources

The Federal Open Market Committee considers an inflation rate that increases annually by 2 percent to be a healthy indicator of price stability and maximum employment. A small level of inflation reduces the chance of har... More » Business & Finance Financial Calculations

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
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Companies within various industries, but not all companies, make it standard practice to compose price increase letters for customers when they raise rates, so the customers won't be surprised when they receive their fut... More » Business & Finance Business Resources

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