Home » I need to develop a minimum analysis of inflation:

I need to develop a minimum analysis of inflation:

I need to develop a minimum analysis of inflation:I need to choose a product or service that I currently consume/use, (such as apparel or educational services), that is included in the CPI’s “market basket. I also need to find the annual CPI index numbers for my chosen good or service for the years 1995, 2005, 2010, and 2015. I then need to enter those index numbers in an Excel® file and calculate the percent change (inflation rates) in those index numbers from 1995 to 2005, from 1995 to 2010, and from 1995 to 2015. I need to also analyze the trends in overall inflation over the last five years and whether the income has kept pace with inflation. I also need to know how inflation over the last five years affected me and/or my family?]I also need to discuss how as a business manager, such as a human resources manager, may use CPI statistics.Where do I start?Stephanie

The CPI rates of coffee and the percentage change between the period is as followsYear19952005 CPI Rate163.133 Percentage change 161.225 -1.17% 2010 186.418 14.27% 2015 205.540 26% Source:…

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