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ONLINE INFLATION CALCULATOR

Online Inflation calculator is addressing both practical and didactic aspects. It was developed almost a decade ago to demonstrate the power of emerging web technology with HTML5, CSS3 and jquery at core. At the same time, it has certain practical value allowing the computation of such fundamental economic indicator as the price inflation of products and service.

INFLATIMETER FOR WINDOWS

Much more powerful Inflatimeter-2015 for Windows is currently available free of charge. It allows annualized inflation index calculation of individual products and also baskets of goods. The application built on the latest Microsoft .NET4.5/WPF framework implements speech-enhanced User Interface adapted for desktop/notebook/tablet PC. This windows app was submitted to the Application Innovation Contest (AIC-2013). You can download the free version of Inflatimeter-2015 - refer to the download button to the right. Instructional video is available online on YouTube™: video.

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INFLATION INDEX CALCULATOR

  • Starting Price, $ Starting Year
  • Ending Price, $ Ending Year
%

ANNUALIZED PERFORMANCE, METALS/INDICES: 2000-2010


Year Dow Index (DJIA) Gold Price, US$ Dow/Gold Ratio

Dow/Gold Ratio Chart

Inflation Calculator allows to estimate the annualized inflation rate for the arbitrary selected product or service over specified period of time:

  1. Enter the Starting Year (y1) and Price (Px1)
  2. Enter the Ending Year (y2) and Price (Px2)
  3. Click on-screen button to calculate Inflation Index

Practical example Assuming that the same big bottle of Coke, priced in the year 2000 as $0.99 is currently (in Y2010) priced as $1.99, the annualized inflation rate, or Coke Inflation Index is calculated as: 7.23%


Inflation is "money losing its purchasing power". The reverse process of prices declining over time is called, correspondingly, a deflation.

The formula for the Annualized Inflation Index (AIx) calculation resemble the inverse problem of compound interest calculation [2]:

AIx= (Px2 / Px1(1/(y2-y1) -1

More reading on this topic is available online at:

  1. A.Bell, Inflatimeter Inflation Calculator (Codeproject.com)
  2. Consumer Price Index

Disclaimer. The content of this page is provided on '‘AS IS'’ basis for demo purpose only without warranty of any kind. Any commerical use of this calculator is prohibited.

SAMPLE DEMO IMAGE

Inflatimeter for Windows

Inflatimeter for Windows running in Tablet PC