Use the following urban CPI monthly data in Egypt in year 2022 to answer the questions that follow. Month Jan Feb Mar April May June July Aug Sep Oct Nov 118.2 120.1 122.7 126.7 128 127.8 129.5 130.6 132.7 137.3 139.2 CPI Calculate the inflation rate in May 2022 and October 2022. If the CPI in November 2021 was 117.8, calculate the annual inflation rate.

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Use the following urban CPI monthly data in Egypt in year 2022 to answer the questions that follow (Picture attached).
Calculate the inflation rate in May 2022 and October 2022. If the CPI in November 2021 was 117.8, calculate
the annual inflation rate.

II. Use the following urban CPI monthly data in Egypt in year 2022 to answer the questions that follow.
Month Jan Feb Mar April May June July Aug Sep Oct Nov
118.2 120.1 122.7 126.7 128 127.8 129.5 130.6 132.7 137.3 139.2
CPI
Calculate the inflation rate in May 2022 and October 2022. If the CPI in November 2021 was 117.8, calculate
the annual inflation rate.
Transcribed Image Text:II. Use the following urban CPI monthly data in Egypt in year 2022 to answer the questions that follow. Month Jan Feb Mar April May June July Aug Sep Oct Nov 118.2 120.1 122.7 126.7 128 127.8 129.5 130.6 132.7 137.3 139.2 CPI Calculate the inflation rate in May 2022 and October 2022. If the CPI in November 2021 was 117.8, calculate the annual inflation rate.
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