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The following table gives the value of the consumer price index for 2009 through 2018.
Year
Consumer Price Index
Percentage Increase
2009
214.5
NA
2010
218.1
2011
224.9
2012
229.6
2013
233.0
2014
236.7
2015
237.0
2016
240
2017
245.1
2018
251.1
Instructions: To answer the following questions, complete the percentage increase column in the above table. Enter your responses rounded to two decimal places and include a negative sign (-) where appropriate.
a) Use the data in the table to calculate the inflation rate in 2014.
b) What was the percentage increase of the average price level from 2009 to 2015?
c) Inflation was highest in? inflation was lowest in?
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