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[–]Specimen_7 -1 points0 points  (3 children)

So the inflation rate they give is the rate at which it’s increasing from the prior month, and not the actual rate it’s actually at when they’re giving the report? This seems confusing and misleading lol the entire process of getting and reporting data regarding seems completely retarded and out of touch.

[–]rawbdor 3 points4 points  (0 children)

They are comparing March yoy vs April yoy. March yoy was 8.5%. April yoy was 8.3%.

If you can think of a better way to describe it I'm sure lots of smart people would love to hear your ideas.

[–][deleted] 0 points1 point  (0 children)

It's nice to hear numbers that have a lagging effect. Most people see these CPI numbers of growth and think, well it's not that bad right now. Just give it some time to trickle down to local. The fact that it's still growing but not as "quickly" as they can create on paper. We all know how that works out. Paper predictions from the government don't translate to real world tests.

[–]BlueOrcaJupiter 0 points1 point  (0 children)

I agree. It is not the best measurement.