US inflation interpretation concepts, accounting homework help

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Assignment requires to use concepts of percentages , percentages increase/decrease, creating and interpreting line charts to compute inflation rate in the us economy and determine which perritos experienced the highest inflation rate.

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JamesM847
School: New York University

Hi Attached please find the details of the home work, please let me know if you have any questions, thank you. James

This report is a brief analysis of US inflation rates in the past 5 years. The data were
downloaded from official website of Federal Reserve Bank of St. Louis (FRED):
https://fred.stlouisfed.org/series/CPIAUCSL, it shows Consumer Price Index (CPI) for All Urban
Consumers up to April 1st, 2017.
From CPI values we calculated inflation rate in the past 5 years starting from April 1st, 2012
by using the formula

where CPIt-1 is CPI of the first observation and CPIt is inflation rate one year later. The formula
shows the inflation rate in year t is calculated by subtract CPI one year earlier from current CPI and
divided by CPI one year earlier. The calculated inflation rates were store in the third column of the
excel sheet.
To see clearly the trend of the inflation rate, we create a line graph of the inflati...

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Anonymous
Thanks, good work

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