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What is Understanding Consumer Price Index and Inflation about?

The document discusses the consumer price index (CPI) and inflation rates in the Philippines. The CPI is used to measure inflation by tracking price changes over time. An example from 2000-2006 is given showing hypothetical CPI numbers and how to calculate inflation rates between years. Actual inflation rate data for the Philippines from 1995-2010 is also presented, with a high of 12.4% in August 2008 and a low of 0.1% in August 2009.

Author

Ebel Rogado

Language

EN