That’s a weird headline. Only the “annual rate of inflation” falls – because the prices was increasing rapidly in October/November 2021…
The RATE of inflation. The principle of compound interest is still happily eating away at money at a rate that is bonkers even compared to the “standard” 2% yearly devaluation.
So… stuff is still getting increasingly more expensive just *slower*.
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That’s a weird headline. Only the “annual rate of inflation” falls – because the prices was increasing rapidly in October/November 2021…
The RATE of inflation. The principle of compound interest is still happily eating away at money at a rate that is bonkers even compared to the “standard” 2% yearly devaluation.
So… stuff is still getting increasingly more expensive just *slower*.