The figure above showed inflation rates from year 2007 to year 2012. In year 2007, the inflation rate is 4.10% and plummeted down to 0.10% in 2008. However, this inflation value increase in the year 2009 to 2.7% and drop to 1.5% in 2010. From 1.5%, the inflation rate risen up to 3% in 2011. In year 2012, the inflation rate is 1.7%. The pattern of the inflation rates between these years is inconsistent. (“Current US Inflation Rates: 2005-2015”)
High inflation rates between the years of 2007 to year 2012 are year 2007, 2009, and year 2011. The increments of inflation rate are affected by many broad reasons. As an example, inflation rate of year 2007 is the highest than year 2009 and 2011 due to the reason the cost of purchasing energy and food
High inflation rates between the years of 2007 to year 2012 are year 2007, 2009, and year 2011. The increments of inflation rate are affected by many broad reasons. As an example, inflation rate of year 2007 is the highest than year 2009 and 2011 due to the reason the cost of purchasing energy and food