Okay well that definitely helps explain some of it.
I still think inflation has been much higher than most report for the last 2-3 years. Even after discounting the covid spikes.
What you’re seeing are companies, from production to distribution, taking advantage of the socially perceived effect of inflation and artificially raising prices. You know, for profits.
The first thing to point out is the dates in the top right. This graph covers a 6 year span or about 3.75-9.4% per year from top to bottom.
Okay well that definitely helps explain some of it. I still think inflation has been much higher than most report for the last 2-3 years. Even after discounting the covid spikes.
What you’re seeing are companies, from production to distribution, taking advantage of the socially perceived effect of inflation and artificially raising prices. You know, for profits.