Problem

The table below shows the Consumer Price Index (CPI) for Germany and the Venezuela.
The inflation rate in Germany between 2009 and 2010 is $\%$. Round to two decimal places.
Data on Consumer Price Index
\begin{tabular}{|c|c|c|}
\hline & Germany & Venezuela \\
\hline 2009 & 99 & 78 \\
\hline 2010 & 100 & 100 \\
\hline 2011 & 102 & 126 \\
\hline 2012 & 104 & 153 \\
\hline 2013 & 106 & 215 \\
\hline 2014 & 107 & 348 \\
\hline 2015 & 107 & 772 \\
\hline
\end{tabular}

Answer

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Answer

Final Answer: The inflation rate in Germany between 2009 and 2010 is \(\boxed{1.01\%}\).

Steps

Step 1 :The table below shows the Consumer Price Index (CPI) for Germany and the Venezuela.

Step 2 :Data on Consumer Price Index

Step 3 :\begin{tabular}{|c|c|c|} \hline & Germany & Venezuela \\ \hline 2009 & 99 & 78 \\ \hline 2010 & 100 & 100 \\ \hline 2011 & 102 & 126 \\ \hline 2012 & 104 & 153 \\ \hline 2013 & 106 & 215 \\ \hline 2014 & 107 & 348 \\ \hline 2015 & 107 & 772 \\ \hline \end{tabular}

Step 4 :The inflation rate is calculated by the formula: \[\text{Inflation rate} = \frac{\text{CPI in the end year} - \text{CPI in the start year}}{\text{CPI in the start year}} \times 100\%\]

Step 5 :In this case, the start year is 2009 and the end year is 2010. We can substitute the CPI values for Germany into the formula to find the inflation rate.

Step 6 :CPI_2009 = 99

Step 7 :CPI_2010 = 100

Step 8 :inflation_rate = 1.0101010101010102

Step 9 :Final Answer: The inflation rate in Germany between 2009 and 2010 is \(\boxed{1.01\%}\).

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