3 ms·
Thats from May2020 to May2021, and includes a collapse in consumption (for example fuel). Look at chart 1: Apr2021 had 0.8% month to month May2031 had a 0.6%
by AuInsect 5y ago
Thats from May2020 to May2021, and includes a collapse in consumption (for example fuel).
Look at chart 1:
Apr2021 had 0.8% month to month
May2031 had a 0.6% month to month.
Which annualize ((1+i)^12) to: 10% and 7% respectively.
Or, a better estimate:
((1.008)*(1.06))^6=1.087
Or 8.7% annualized inflation using the data of the last two months.