Tell that to my local grocery store then. Prices have definitely not fallen there and that’s where it hurts many people the most
iirc this is the rate of change of price not a change in price graph so as long as that little line is above zero prices rise and that’s by intent. That number going below 0 by too much for too long is generally an indication that something is very wrong.
I haven’t taken an economics course in 2 years though so I could be wrong here
Who needs energy or shelter anyways.
Also what is this even supposed to tell you about? That candles and fighter jets didn’t get more expensive?
If you exclude the things that makes living expensive, living isn’t more expensive is a great point, good job Paul.
“If you only look at things that don’t matter, inflation has slowed. Prices have not dropped back to previous levels, the rate of rise has just slowed.”
It never occurred to me that “largely” could be a liberal/neoliberal weasel word.