This is misleading because it ignores the compounded period since 2020 where prices have increased close to 10%, These were not accompanied by real wages which is why everything is stupid expensive now.
It covers changes over a 12-month period, says so right on the graphic. We know prices exploded over the past 5 years, we’re interested in seeing what inflation’s up to right now.
This is misleading because it ignores the compounded period since 2020 where prices have increased close to 10%, These were not accompanied by real wages which is why everything is stupid expensive now.
It covers changes over a 12-month period, says so right on the graphic. We know prices exploded over the past 5 years, we’re interested in seeing what inflation’s up to right now.