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Main => General Discussion => Topic started by: vickramhx on January 10, 2015, 11:02:11 am

Title: Inflation Rate Calculation
Post by: vickramhx on January 10, 2015, 11:02:11 am

Hi,

I want to know the inflation rate for India from 1990 - 2014. I have tried inflation rate calculator (https://www.easycalculation.com/finance/inflation-rate.php) for this. I got answer but want to to confirm the result. I got inflation rate in India (1990 to 2014) for my earning 1,25,000 p.a is 80.72% .. Can anyone help me on this...

Thanks  :)

Title: Re: Inflation Rate Calculation
Post by: mdj on January 10, 2015, 11:09:11 am

Looks like you've got it - your original amount in 1990 ( 125,000 ) has inflated to 225,899.01 in 2014. This isn't supporting per annum values.

Purchasing power = Amount of money * (cpi (this year) / cpi (last year)).
Inflation rate = cpi (this year) - cpi (last year) / cpi (last year) * 100