• Yewb@lemmy.world
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    1 year ago

    Can you educate me?

    From my perspective the change was specifically to make inflation look lower, do you shop at a grocery store? Are you kidding me?

    • btaf45@lemmy.world
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      1 year ago

      If you shop at a grocery store in the UK your prices would have increased 14% under Conservative Party rule. Not kidding.

      • Techmaster@lemmy.world
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        1 year ago

        Grocery prices where I live in the US have more than doubled. If the prices didn’t double, then they probably shrunk the portions of food and the size of the packaging. So how do we more than double prices and call that 3% inflation? Housing prices around here have also doubled since the start of COVID.

        • btaf45@lemmy.world
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          1 year ago

          prices where I live in the US have more than doubled.

          That’s weird. For everybody else, it was only an annualized 3% increase for the month of June 2023. Guess businesses in your city is screwing people.

          • Techmaster@lemmy.world
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            1 year ago

            It’s like that everywhere. Maybe from 2022 to 2023 it didn’t go up, but it’s still very high. The price of everything needs to go down. Claiming that inflation is low because it hasn’t gone up much more is disingenuous. It’s already high. People are struggling because the price of food, rent, houses, etc have doubled. We need an inflation rate of negative double digits or life is just going to continue to get even harder for everyone.

            • btaf45@lemmy.world
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              1 year ago

              It’s like that everywhere

              Inflation peaked at 8.7% in the US and 14% in the UK.

              We need an inflation rate of negative double digits

              Deflation is actually worse than inflation.