3 ms·
Probably a confusion of what that percentage is - whilst the monthly figure is as you have said, the accumulated/aggregate percentage of inflation over those tw
by Jenk 3y ago
Probably a confusion of what that percentage is - whilst the monthly figure is as you have said, the accumulated/aggregate percentage of inflation over those two years is probably what GP refers to as 18%
- andsoitis 3y ago> Probably a confusion of what that percentage is - whilst the monthly figure is as you have said, the accumulated/aggregate percentage of inflation over those two years is probably what GP refers to as 18% “Montly” inflation rates are usually expressed in terms relative to the prior year, not prior month. When we look at another data source, annual inflation rates for the UK don’t appear to be 18%: https://www.macrotrends.net/countries/GBR/united-kingdom/inflation-rate-cpi https://www.macrotrends.net/countries/GBR/united-kingdom/inf...
- nly 3y agoI said in two years, not one.