Quote:
Originally Posted by blankall
Interesting. So it's not an ongoing rate of inflation. It's just a total estimate of price increases over the last year, with things leveled off over the last four months. So you could say that inflation is already back to normal.
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Its also impacting food more of late (for whatever reason) - so people are seeing on their grocery bill which is one those indicators that slaps people in the face (like when gas prices rise) so it's noticeable now while something like housing prices dropping by a bit doesn't really get noticed by people who aren't closely watching that market (particularly when they are coming down a bit from a super high point)