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The table below shows the consumer price index (CPI) in Sep 2013 and Sep 2014 for...

The table below shows the consumer price index (CPI) in Sep 2013 and Sep 2014 for Brazil, Russia, India, and
China (referred to as the BRIC nations). Calculate the inflation rate over this 12-month period for each country.

Country CPI Sept. 2014 CPI Sept. 2013 Inflation Rate %
Brazil 128.2 120.1
Russia 132.7 122.8
India 143.8 135.3
China 113.7 111.7


__________________ had the lowest inflation rate, __________________ the highest inflation rate.

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Answer #1

Hence, CHINA had the lowest inflation rate, and RUSSIA had the highest inflation rate.

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