The rate of inflation in three successive years in a country was 13% 17% and 21% find the average rate of inflation per year
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This chart plots the Current Annual Inflation Rate starting in 1989. The longer term trend is falling. Note the declining Long Term Linear Regression line and the peak at 6.29% in October of 1990 while the Oil Peak in July 2008 was "only" 5.60% followed by successively lower peaks. Going back further (not shown) inflation peaked in March 1980 at 14.76%. Interestingly, just as we thought Inflation might break out of the channel to the upside the virus crash brought it back within the downward channel.
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