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Because my grocery bills, utility bills and monthly expenses for normal living are up ~10% from 2020. I live in a MCOL city.
by 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 agoIsn’t that an annualised rate of ~3% per year since 2020 then?