Real-Time Data Analysis Exercise The following table gives the value of selected consumer price index categories from FRED* for May, 2018 and May, 2023. Month/Yr May/2018 May/2023 Consumer Price Indexes: Selected Categories Apparel Transportation 127.464 210.576 131.195 264.987 Category: Food and Beverages 252.634 319.316 Inflation: *Real-time data provided by Federal Reserve Economic Data (FRED), Federal Reserve Bank of Saint Louis. As with all index numbers, the overall CPI and its several categories assign to the arbitrarily selected base year (or period) the numerical value 100. (Enter your response as a whole number.) Using the data recorded above, complete the following table by computing, for each category, the percentage change in prices over the five-year period from May/2018 to May/2023. (Enter your responses rounded to two decimal places.) Five-Year Price Inflation: Selected Categories Food and Beverages % Medical Care Apparel % 484.543 547.273 Transportation % Medical Care %
