I went here (https://www.bls.gov/) and simply used the inflation calculator, comparing $1000.00 in December 2023 to current value in October 2024. Is this process accurate enough?
I get 2.97%. If I start with January 2024 and go through October 2024, I get 2.35%. Thoughts? I'm looking to understand the overall annual inflation in 2024 for the sake of calculating inflation-based merit increases.
I get 2.97%. If I start with January 2024 and go through October 2024, I get 2.35%. Thoughts? I'm looking to understand the overall annual inflation in 2024 for the sake of calculating inflation-based merit increases.
Statistics: Posted by PlayingLife — Tue Nov 19, 2024 8:42 pm — Replies 3 — Views 327