The Central Bank Launches the "Inflation Calculator"

Economy

The Central Bank has introduced a new tool on its official website – the "Inflation Calculator". This innovative feature allows citizens to easily calculate how the purchasing power of money has changed over different time periods.

The Central Bank Launches the "Inflation Calculator"
How does the calculator work?
Users can select a specific time frame and amount of money to assess the impact of inflation on its real value. The calculations are based on monthly Consumer Price Index (CPI) data provided by the Statistics Agency.

Additionally, the calculator:
Determines the final value of money for the selected period.
Calculates the average annual and monthly inflation rates.

This tool is essential for economic analysts, entrepreneurs, and everyday citizens, helping them better understand the real-life effects of inflation.

The service provided by the Central Bank enables a more accurate evaluation of money’s worth and facilitates effective financial planning.

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