Question #165802

Q2: Collate CPI data for the last 20 years and prepare a graph of CPI vs Year. From graph identify the periods of high and low inflations.


Expert's answer


Graph for the above data is shown below:



From the graph, high and low inflation was experienced in 2019 and 1999 as indicated by a C.P.I of 255.675 and 170.0 respectively.


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