• shortwavesurfer
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    7 months ago

    Well, it may be at 3%, but I certainly don’t believe that the actual number is 3%. I know my cost of energy and food has gone up by more than 3%.

    Edit: The government last year said it was 8% yet when I recalculated my energy bill it had increased by 20%

    • jeffw@lemmy.worldOP
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      7 months ago

      8% is nationally. Some people had a 1% increase, some may have seen no increase. Your anecdotal evidence doesn’t change that.

      As for food, I see prices coming down at my grocery store now. 3% would be YOY since last February. Prices will always go up YOY in general. People tend to do a poor job estimating how much things have gone up because they have older memories of prices.