The inflation rate for 2007 is computed by dividing (the CPI in 2007 minus the CPI in 2006) by the CPI in 2006, then multiplying by 100.

Name: The inflation rate for 2007 is computed by dividing (the CPI in 2007 minus the CPI in 2006) by the CPI in 2006, then multiplying by 100.
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This formula correctly calculates the inflation rate for 2007 by comparing the Consumer Price Index (CPI) of 2007 to that of 2006, showing the percentage change in prices from one year to the next.

The Inflation Rate for 2007 Is Computed by Dividing (The