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Working out Inflation

Discussion in 'General Investing Discussion' started by Johny_come_lately, 26th Feb, 2010.

  1. Johny_come_lately

    Johny_come_lately Well-Known Member

    Joined:
    1st Jul, 2009
    Posts:
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    Location:
    SE Queensland
    Hi,

    When working out price changes over time, say rent from sep 87, do I:

    CPI sept 1987 = 84 , CPI dec 2009 = 169.5 , rent in 87 = $60.00

    so 169.5/84x60 = $121.07 rent in todays money.

    Is that right?



    Thanks, Johny.
     
  2. Johny_come_lately

    Johny_come_lately Well-Known Member

    Joined:
    1st Jul, 2009
    Posts:
    703
    Location:
    SE Queensland
    Should I use the Consumer Price Index to work out inflation?



    Thanks, Johny.
     
  3. Tropo

    Tropo Well-Known Member

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