Current average price level(given inflation rate and price level a year ago)

Formula

Current average price level(given inflation rate and price level a year ago) formula
P0
current average price level
Ir
inflation rate
P1
price level a year ago

Formula description

In economics, the inflation rate is a measure of inflation, the rate of increase of a price index. It is the percentage rate of change in price level over time. The rate of decrease in the purchasing power of money is approximately equal.

Calculator (how to use calculator?)

Current average price level(given inflation rate and price level a year ago) formula
Ir
P1
P0
Precision

Formula code

  • C
  • C#
  • C++
  • Java
  • JavaScript
  • LaTeX
  • PHP







References

  1. Wikipedia:Inflation rate.

Comment or add more code

If you cannot find the formula or calculator you want, please tell us what you want and we will add it for you ASAP. If you want anything else or find any error on this page, please just let us know. If you know the formula in other languages, you are welcome to add it. Thanks for contributing to wikicalculator.com!
  • Comment
  • Add code for the formula
Please help us do better by providing your opinions(<= 500 characters):
Language:(<= 500 characters)