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tipweek: dailyfinancialquestion_20.htm The Inflation Rate For the Past 10 Years has Averaged?

Daily Question

The inflation rate for the past 10 years has averaged:

 
 
 
 

Answer

a. The average inflation rate for the past 10 years has been less than 3%. It was in the late 70's and early 80's that inflation was above 10%.