3 ms·
Inflation is calculated in a different way in the US and in the EU. If the calculation was the same, the inflation number would be quite similar.
by janmo 5y ago
Inflation is calculated in a different way in the US and in the EU.
If the calculation was the same, the inflation number would be quite similar.
- granzymes 5y agoYou have that backwards, the gap actually increases. The Harmonized Index of Consumer Prices (EU-style inflation) for the US is sitting at 7.25% YoY. https://fred.stlouisfed.org/series/CP0000USM086NEST https://fred.stlouisfed.org/series/CP0000USM086NEST