Like everyone else who’s responding to you, I think you are mixing up monthly reporting of inflation since the same month the previous year (which is a sensible like-for-like comparison) with inflation since the previous month, which is almost always a silly and misleading figure because prices have seasonal change through the year.
Media tend to report this as stuff like “inflation dropped in January” but they don’t mean since December, there are always January sales, that isn’t useful information.
Inflation is usually by the estimate it would be through the year though.
Not in my country
Like everyone else who’s responding to you, I think you are mixing up monthly reporting of inflation since the same month the previous year (which is a sensible like-for-like comparison) with inflation since the previous month, which is almost always a silly and misleading figure because prices have seasonal change through the year.
Media tend to report this as stuff like “inflation dropped in January” but they don’t mean since December, there are always January sales, that isn’t useful information.
Yeah I got the memo by now, but thanks for the in depth explaination
I wish everyone on social media (including myself) dealt with disagreement in as mature and level headed way as you.
You have my respect, thoughtful internet stranger.