How Do I Calculate Cost based upon inflation?
- See our Article How
Do I Calculate the Inflation Rate? or If you don't care
about the mechanics and just want the answer, use our Inflation
Calculator. Once you know the percentage of inflation you
can multiply that percentage by a dollar amount from the
original time period to determine how much the item would cost
in the resulting time period.
Where Do I find Inflation rates for other countries?
- Unfortunately, we only track U.S. inflation
rates. All our information is generated by the
US Bureau of Labor Statistics. There should be a corresponding agency for
other countries that you can contact.
Canadian Inflation Rates are also available from the Bank
of Canada. Others: New
Zealand, Indonesia,
Norway,
Italy (Italian)
(English
translation) Spain,
Portugal,
Chile
Spanish, (English
translation), Uruguay
Spanish,
(English Translation), Mozambique
Portugese, (English
Translation), Japanese
Consumer Price Index, France
Consumer Price Index, In addition we have
compiled a page of links
to over 80 other countries
Where do I find Inflation rates by year?
- It is available on our Historical
Inflation Page with each months' annual
percentage rate. The rate for the
whole year is called the AVE.
I want to know how a financial manager's
position/job performance changes when the rate
of inflation increases.
- As inflation increases a financial manager
generally must become more aggressive in finding
investments that outpace inflation. If inflation
is at 3.5% and your investments produce 5% your
real rate of return is 1.5% however, if
inflation is 6% and your return is 5% your real
rate of return is a minus 1%. As inflation gets
above 10% people generally begin to lose faith
in the currency and seek alternatives such as
another countries currency or physical assets
like Real Estate or Gold.
Send us your inflation Question and we will be happy to include
it here!
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