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
Portuguese,
(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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