ie If the price was $10 in 1980 and $12 in 1990 with an inflation of 50% then the price corrected back to the index year would be $12/1.5 = $8. Inflation was high in the 1980's.
ie If the price was $10 in 1980 and $12 in 1990 with an inflation of 50% then the price corrected back to the index year would be $12/1.5 = $8. Inflation was high in the 1980's.
ie If the price was $10 in 1980 and $12 in 1990 with an inflation of 50% then the price corrected back to the index year would be $12/1.5 = $8. Inflation was high in the 1980's.