Question: . (Inflation) Here are some recent data on the U.S. consumer price index: Compute the inflation rate for each year 1993-2012 and determine which were

. (Inflation) Here are some recent data on the U.S. consumer price index:

Compute the inflation rate for each year 1993-2012 and determine which were years of inflation. In which years did deflation occur? In which years did disinflation occur? Was there hyperinflation in any year?

YEAR

CPI

1992

140.3

1993

144.5

1994

148.2

1995

152.4

1996

156.9

1997

160.5

1998

163.0

1999

166.6

2000

172.2

2001

177.1

2002

179.9

2003

184.0

2004

188.9

2005

195.3

2006

201.6

2007

207.3

2008

215.3

2009

214.5

2010

218.1

2011

224.9

2012

229.6

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