2 ms·
Really disagree that news outlets make it clear that they're talking about yoy inflation. You see headlines like "inflation hit x% in august" and then they're q
by colinmhayes 4y ago
Really disagree that news outlets make it clear that they're talking about yoy inflation. You see headlines like "inflation hit x% in august" and then they're quoting the yearly numbers. If you don't already know that inflation is measured yearly that headline is completely misleading.
But the point of OP is that past inflation isn't what we should be worried about, future inflation is. Obviously the inflation we've had this year is unacceptable, but that doesn't mean inflation will continue to be unacceptable, and looking at recent monthly numbers is a better way to try to gauge future inflation than looking at yearly numbers.