Working out Inflation

Discussion in 'Share Investing Strategies, Theories & Education' started by Johny_come_lately, 26th Feb, 2010.

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  1. Johny_come_lately

    Johny_come_lately Well-Known Member

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    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.
     
    Johny_come_lately, 26th Feb, 2010
    #1
  2. Johny_come_lately

    Johny_come_lately Well-Known Member

    Joined:
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    Location:
    SE Queensland
    Should I use the Consumer Price Index to work out inflation?



    Thanks, Johny.
     
    Johny_come_lately, 27th Feb, 2010
    #2
  3. Tropo

    Tropo Well-Known Member

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    Tropo, 27th Feb, 2010
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