20InflationMedium1 mark
The table below shows inflation data for an economy.
| year | rate of inflation % |
|---|---|
| 2021 | 3 |
| 2022 | 2 |
| 2023 | −1 |
| 2024 | 0.5 |
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| year | rate of inflation % |
|---|---|
| 2021 | 3 |
| 2022 | 2 |
| 2023 | −1 |
| 2024 | 0.5 |