this post was submitted on 07 Nov 2024
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[–] tempest@lemmy.ca 7 points 1 week ago (2 children)

Right but those are grocery prices not inflation.

Reducing inflation doesn't mean prices go down.

You can be upset about the cost of living but the current rate of inflation is trending down so you're going to have miscommunication if you demand it's reduction when that is already happening.

https://www.statista.com/statistics/273418/unadjusted-monthly-inflation-rate-in-the-us/

[–] TokenBoomer@lemmy.world 1 points 1 week ago
[–] prole@lemmy.blahaj.zone 1 points 1 week ago

Reducing inflation doesn’t mean prices go down.

Seems like this is the thing that people don't seem to be grasping. Inflation is a rate of change, a decrease in inflation still means purchasing power goes down.