If you take the timeframe between these two photos and apply a monthly inflation rate of 2.7, you would land at 70,5$ for August 2025. Now obviously either the inflation was higher in some month in between, or the vendor just hiked the price. But the general drift is correct.
I don’t think the inflation rate is supposed to be compounded on a month to month basis. 2.7 is supposed to track changes in the consumer price index over the course of the entire year.
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.
If you take the timeframe between these two photos and apply a monthly inflation rate of 2.7, you would land at 70,5$ for August 2025. Now obviously either the inflation was higher in some month in between, or the vendor just hiked the price. But the general drift is correct.
Inflation rate usually is given in yearly rates. Things have to be absolutely fucked if you have to give them in monthly rates.
I mean our country is beyond fucked so that tracks
F
I don’t think the inflation rate is supposed to be compounded on a month to month basis. 2.7 is supposed to track changes in the consumer price index over the course of the entire year.
At least here in central europe, inflation rate is always monthly
Unless you live in a country with hyperinflation, it’s always month x of year y, compared to month x of year y-1.
No. It’s calculated each month for the previous 12 months.
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.
Inflation isn’t monthly. It’s a rolling annual figure.
It is - if you want to make the number appear smaller. You can make it even smaller if you measure it daily!