Historic rate of inflation

Discussion in 'Financial campaigns and consultations' started by Roald, 27 Feb 2014.

  1. Roald

    Roald Registered User

    Posts:
    1
    I borrowed some money from my brother in 1996. I now wish to repay it at today's value. What rate of inflation should I apply to make a fair return?
     
  2. demoivre

    demoivre Frequent Poster

    Posts:
    2,508
    CPI for January 2014 was 146.9 ( November 1996=100) so 50% should be enough to compensate your brother for the reduction in the purchasing power of the money he gave you.