As simple as % change

[archived_user]

Something wrong with definition of “% change”?
Exhibit 12, p.144, CFAI text #3.
The 3 “% change” columns seems weird. eg. the 6.06% for year 1993 is actually the % DECREASE of 1992 from 1993.
Do I missing something?
- sticky

 

[archived_user]

1992 Index - 507.46
1993 Index - 540.19
You are right. There seems to be a miscalculation of the %change.