3 ms·

> inflation is around 3%. My feel for it is around 9-10% Why do you think that’s the case?

• oarla 3y ago
  Because my grocery bills, utility bills and monthly expenses for normal living are up ~10% from 2020. I live in a MCOL city.
  • ffgjgf1 3y ago
    > 2020 Right.. yet it’s 2024 as far as I’m aware and inflation is tracked on a rolling 12 month basis. If it was only 10% during those 3 years, it’s approximately 3.2% per year which is close enough (of course the official inflation was actually much higher than your’e implying..)
  • abart13 3y ago
    Isn’t that an annualised rate of ~3% per year since 2020 then?