this post was submitted on 18 Jun 2024
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A Boring Dystopia

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[–] [email protected] 1 points 3 months ago

Perceived inflation is not the same as actual inflation as measured by the official inflation basket. Quite often you have a situation where day to day goods are increasing in prices (and thus driving perceived inflation), while more permanent expensive but rarely bought goods (TVs, cars etc.) are dropping in prices, so that on average the official inflation rate isn't increasing that much.