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Go on then (sh.itjust.works)

submitted 3 days ago by StarvingMartist@sh.itjust.works to c/simpsonsshitposting@sh.itjust.works

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[–] wewbull@feddit.uk 30 points 3 days ago (2 children)

The inflation figure is an annual figure though. It means things are 2.7% more expensive than they were last year. OP is showing an example nearer 60%.

[–] Clent@lemmy.dbzer0.com 21 points 3 days ago (1 children)

It's actually showing 47%. The price is based on pounds which increased from $10.99 to $15.99.

[–] Tja@programming.dev 15 points 2 days ago (1 children)

Since it's from April to August, it's actually showing 31% annual.

And since a sample size of one, and the location is redacted (could be comparing Texas with NYC or Hawaii) it's showing nothing.

[–] sqgl@sh.itjust.works 7 points 2 days ago (1 children)

And meat prices are factored into a CPI I presume.

[–] wewbull@feddit.uk 1 points 1 day ago

I think OP is trying to demonstrate how useless CPI is as a measure.

[–] GreyEyedGhost@lemmy.ca 1 points 2 days ago

Inflation isn't based on the cost of a single thing. You're confusing it with stocks.