percentage change in the price index. For example: P1080Q1 – P1979Q1 P1979Q1 P1980Q2 - P1979Q2 P1979Q2 P1980Q3 – P1979Q3 P1979Q3 T1980Q1 = 100 x T1980Q2 = 100 x T1980Q3 = 100 x

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• Calculate the annual inflation rate time series from this data as the year-over-year
percentage change in the price index. For example:
P1080Q1 – P1979QI
P1979Q1
P1980Q2 – P1979Q2
P1979Q2
P1980Q3 – P1979Q3
P1979Q3
T1980Q1
100 x
%3D
*1980Q2 = 100 ×
T 1980Q3 = 100 ×
Transcribed Image Text:• Calculate the annual inflation rate time series from this data as the year-over-year percentage change in the price index. For example: P1080Q1 – P1979QI P1979Q1 P1980Q2 – P1979Q2 P1979Q2 P1980Q3 – P1979Q3 P1979Q3 T1980Q1 100 x %3D *1980Q2 = 100 × T 1980Q3 = 100 ×
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