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"Food Prices are soaring faster than inflation"....Food Prices soaring IS inflation.
by hitpointdrew 6y ago
"Food Prices are soaring faster than inflation"....Food Prices soaring IS inflation.
- insert_coin 6y agoTechnically no. Prices rising, or falling are a byproduct of the inflation/deflation caused by the actions of a central bank.
- jjav 6y agoExactly. If whatever metric that is being used does not reflect the inflation a real person experiences, then the metric is simply wrong (or more generously, it measures something else, not inflation).