The formula used in the calculations is:
\[ \text{MoM} = \frac{v_2 - v_1}{v_1} \times 100 \]
This calculator computes the Month-over-Month (MoM) change based on the input values of month 1 and month 2. The MoM change is expressed as a percentage and indicates the percentage increase or decrease between two consecutive months.
Let's assume the following:
Calculate the Month-over-Month (MoM) Change:
\[ \text{MoM} = \frac{12,000 - 10,000}{10,000} \times 100 = 20\% \]
Therefore, the Month-over-Month (MoM) change is 20%.
