For annual inflation, for instance, the formula would look like this: Expressed as a percentage change. For instance, the CPI in June 2022 was 296.311. A year before, the figure was 271.696.

The Income Tax Department has announced the Cost Inflation Index for fiscal year 2025-26. This index helps calculate ...

A variance inflation factor (VIF) provides a measure of multicollinearity among the independent variables in a multiple regression model. Detecting multicollinearity is important because while ...