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