2 ms·
Ok, but the cumulative inflation rate since January 2020 is still around 11% $1 in January 2020 is worth $1.11 today https://data.bls.gov/cgi-bin/cpicalc.pl?c
by indecisive_user 4y ago
Ok, but the cumulative inflation rate since January 2020 is still around 11%
$1 in January 2020 is worth $1.11 today
https://data.bls.gov/cgi-bin/cpicalc.pl?cost1=1&year1=202001&year2=202203 https://data.bls.gov/cgi-bin/cpicalc.pl?cost1=1&year1=202001...
- refurb 4y agoIt is, but that's also over 2 years and 4 months, so an annualized inflation rate of ~4.6%, which my salary didn't keep up with, but only barely. I don't disagree that inflation is overtaking wage increases, just that the magnitude isn't that large....yet.