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Old 07-14-2023, 11:00 AM
Kenbobe Kenbobe is offline
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Default Compound Inflation

Quote:
Originally Posted by OrangeBlossomBaby View Post
Inflation was as high as 9.1% nationwide a year ago. We were still recovering from global shut-downs post-pandemic, restoring jobs lost, getting manufacturers back on track, and a bunch of other stuff that's political so I won't detail it here but - politics certainly played some part.

The good news, is that the inflation rate has been in decline for the past 12 months, consecutively, and hit 3% as of the end of June.

Don’t ignore the fact that the 3% is in addition to the 9.1% of Last Year!