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This headline may be "wrong" in your eyes but this is the way that inflation is universally reported. Even finance centric news sites such as Bloomberg or WSJ
by parkingrift 5y ago
This headline may be "wrong" in your eyes but this is the way that inflation is universally reported. Even finance centric news sites such as Bloomberg or WSJ report inflation in this way. It is universally understood to mean year ending.
- stickfigure 5y agoGiven the amount of confusion here, it's not universal. HN can do better than Bloomberg or WSJ. Clarity matters, mods should change the title.
- parkingrift 5y agoThe only thing I see here is people making petty semantics arguments. No one seems confused as to what we're actually discussing.
- ask_b123 5y agoI was confused because it really is a confusing wording.
- tedunangst 5y agoThe WSJ headline is "U.S. Inflation Accelerated to 8.5% in March". It doesn't say prices rose 8.5% in March alone.
- colinmhayes 5y agoYou're just not right. Saying prices rose 8.5% in March means prices rose 8.5% in March, not in the year ending in march. Reputable journalists say inflation rose to 8.5% in march, which isn't the same as saying prices rose 8.5% at all. I really don't think this is petty at all. Saying prices rose 8.5% in a month is incredibly misleading.
- parkingrift 5y agoMy comment isn't that the wording is right. It's that there is no ambiguity on what is actually being reported. This "issue" only exists in the mind of grammar warriors on message boards.
- 6gvONxR4sf7o 5y ago“Inflation was X% in march” is what you’re suggesting. But the title just says “Consumer prices rose X% in march.”