3 ms·
Different things mean different things for different people. Meaning, 5% inflation may hit one person harder than another. That's valid. However, the same calc
by roflyear 4y ago
Different things mean different things for different people. Meaning, 5% inflation may hit one person harder than another. That's valid.
However, the same calcs have been used for a while here. All of this economic data needs to be taken and compared with the same data. It can't be used outside of that context and have a lot of meaning. This goes the same for unemployment numbers, GDP, etc. They lose a lot of meaning outside their context.
In context, inflation is easing. It may still seem high but it is easing up compared to previous months. How you interpret that is up to you.