4 ms·
12% inflation over 3 years is not normal. The previous time it was 12% over any 3 years was back in the raging inflation years of the early 1980s. Finally, it
by metacritic12 4y ago
12% inflation over 3 years is not normal. The previous time it was 12% over any 3 years was back in the raging inflation years of the early 1980s.
Finally, it's not even 12% -- if you look at the 3 year chart here, it's 16% over 3 years, even less normal:
https://fred.stlouisfed.org/series/CPIAUCSL https://fred.stlouisfed.org/series/CPIAUCSL