What was the inflation rate in 2011?

What was the inflation rate in 2011?

The inflation rate in 2011 was 3.16%. The 2011 inflation rate is higher compared to the average inflation rate of 1.96% per year between 2011 and 2021. Inflation rate is calculated by change in the consumer price index (CPI).

What is the CPI of the year 2011?

The CPI rose 3.0 percent in 2011 after a 1.5 percent increase in 2010. This was the largest December- December increase since 2007. The energy index increased 6.6 percent in 2011, a deceleration from the 2010 increase of 7.7 percent. The gasoline index, which rose 13.8 percent in 2010, increased 9.9 percent in 2011.

Why was the inflation rate so high in 2011?

Higher food and energy prices again were the biggest culprits, with food 4.7% more expensive than a year earlier, and energy prices jumping 19.3%.

What is the rate of inflation from 2011 to 2012?

The 2011 inflation rate was 3.16%. The inflation rate in 2012 was 2.07%. The 2012 inflation rate is higher compared to the average inflation rate of 1.89% per year between 2012 and 2021….Inflation in 2012 and its effect on dollar value.

Average inflation rate 2.07%
Inflation in 2012 2.07%
$1 in 2011 $1.02 in 2012

What is US inflation rate?

*For 2021, the most recent monthly inflation data (12-month based) is displayed in the chart. Since figures below are 12-month periods, look to the December column to find inflation rates by calendar year….Current US Inflation Rates: 2000-2021.

Element Annual Inflation Rate
2017 2.1
2018 1.9
2019 2.3
2020 1.4

What is the average CPI for 2020?

The all items CPI-U rose 1.4 percent in 2020. This was smaller than the 2019 increase of 2.3 percent and the smallest December-to-December increase since the 0.7-percent rise in 2015. The index rose at a 1.7- percent average annual rate over the last 10 years.

What was the rate of inflation in 2012?

The 2012 inflation rate was 2.07%.

What caused stagflation in the 1970s?

Rising oil prices should have contributed to economic growth. In reality, the 1970s was an era of rising prices and rising unemployment; the periods of poor economic growth could all be explained as the result of the cost-push inflation of high oil prices.

What is the inflation rate in the Philippines?

Summary Inflation Report Consumer Price Index (2012=100): December 2020. Reference Number: 2021-001. Release Date: 05 January 2021. The headline inflation at the national level accelerated further to 3.5 percent in December 2020, from 3.3 percent in November 2020.

What was the inflation rate in the Philippines in 1958?

Inflation Rate in Philippines averaged 8.28 percent from 1958 until 2020, reaching an all time high of 62.80 percent in September of 1984 and a record low of -2.10 percent in January of 1959.

What are the price indexes in the Philippines?

Price Indices Consumer Price Index (CPI) and Inflation Rate Seasonally Adjusted CPI General Wholesale Price Index (GWPI) General Retail Price Index (GRPI) Construction Materials Wholesale Price Index (CMWPI) Construction Materials Retail Price Index (CMRPI)

What was the inflation rate in the Philippines in 1985?

Philippines: Inflation rate from 1985 to 2025 (compared to the previous year) Inflation rate compared to previous year 2021* 3.03 % 2020* 2.44 % 2019 2.48 % 2018 5.21 %