11/22/2023 0 Comments Currency time calculatorYear 1995 (index = 100) and from 1991 the consumer price index with base year 2020 (index = 100). For the years 1948 to 1990 the price index for the cost of living is shown with base The index refers in each case as a percentage value compared to a base year. This table contains various price indices for the period 1948 to 1991, and since 1991, a unified CPI and an index of retail prices. A time period with a rising price index is called inflation, a falling price index deflation.Ĭonsumer Price Index for Germany - long series from 1948 The percentage change in the CPI is referred to as an The consumer price index (CPI) is a key indicator of price development. In the case of estimated data, a note is displayed in the inflation calculator with the annual figures used for the estimate. The average inflation rate per year and the resulting consumer price index (CPI) for the most recent year are output. If the last year entered in the inflation calculator is later than the current yearĢ023, the inflation rate for the coming years is estimated.įor this purpose, the historical consumer price indices (CPI) of the past years are used according to the number of future years. The annual value of the inflation rate and for CPI 2022 the annual value of theĬonsumer price index of the previous year.Įstimation of the inflation rate for coming years The annual value for the preliminary consumer price index CPI 2022 is calculated using the above formula by substituting for I Of all monthly values and corresponds to the published consumer price index (CPI) of the previous year 2022. The annual value for the consumer price index CPI 2022 is the average According to this calculation, the preliminary inflation rate for the current year The annual value for the preliminary inflation rate is calculated as the average of the already published monthly inflation rates of the current The current monthly consumer price index CPI 2023 is calculated from the monthly consumer price indexĬPI 2022 of the previous year and the inflation rate I of the current month: The annual values are the preliminary results that would be obtained from the previous current monthly data: Monthly inflation rate for the current year 2023.
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