The Table Shows Consumer Price Index Data for the United

Multiple Choice

The table shows consumer price index data for the United States. Based on this information, what is the rate of inflation in 1993?
$$\begin{array}{l}\text { U.S. CONSUMER PRICE INDEX }\\\begin{array} { | c | c | } \hline \text { YEAR } & \begin{array} { c } \text { CONSUMER } \\\text { PRICE INDEX }\end{array} \\\hline 1990 & 130.66 \\\hline 1991 & 136.17 \\\hline 1992 & 140.31 \\\hline 1993 & 144.48 \\\hline 1994 & 148.23 \\\hline 1995 & 152.38 \\\hline\end{array}\end{array}$$

A) 3.04%
B) 2.79%
C) 2.97%
D) 4.22%