• extension award
  • Dr. Amani Elobeid
  • Julia Campbell, Megan Decker

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Ask an Economist

Jun 25, 2021

There seems to be two questions here.

Jun 24, 2021

Let's recall that inflation is usually computed as a year-on-year (annual) percentage change in the consumer price index. Therefore, CPI inflation for June 2021 will compare the CPI in June 2021 to the CPI in June 2020.