So I have this table, and I need to find the inflation rate per quarter using this data.
This is Econometrics, so I believe the formula that I have to use is this:
Inflation rate=(CPIprevious-CPIcurrent/CPIcurrent
This has to be done in a new variable called ‘Inflation Rate’.
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Can someone help me?
I have tried to look for ways to do it on YouTube and on ChatGPT but I didn’t find anything. If anyone knows a video that could help me, please show it to me.
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