If the CPI is currently 296.3 and the base year is 1967,how much was the CPI in 1967?

A) 96.3
B) 100
C) 196.3
D) 200
E) There isn't enough information to answer this question.

CPI

The CPI (Consumer Price Index) is a metric that tracks the average fluctuation in prices that urban consumers experience for a selection of consumer goods and services over time.

Base Year

A specific year against which economic or financial data is measured and compared to track growth, inflation, or other economic indicators.