Percentage changes in consumer price index


Problem: The last three percentage changes in Consumer Price Index reported by the Australian Bureau of Statistics are as follows: Quarter % Change September 2021 0.8 December 2021 1.3 March 2022 2.1 What would the June 2022 forecast for the percentage change be, using only the data given and assuming an exponential smoothing model with =0.6 ? Show the number as a percentage (e.g. for 1.23% show 1.23, not 0.0123)

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Accounting Basics: Percentage changes in consumer price index
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