In 2024, 12-month inflation starts at 3.1% and is 2.7% last month (peak at 3.5% ... | Hacker News

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		NhanH on Dec 13, 2024 \| parent \| context \| favorite \| on: Ask HN: 2026 Predictions In 2024, 12-month inflation starts at 3.1% and is 2.7% last month (peak at 3.5% and bottom at 2.4%). You can't round that number in anyway to be "~2%". It is at least "~3%"

coding123 on Dec 13, 2024 | [–]

My Parmesan cheese is now $4, up from $3.50, price changed the day after thanksgiving.

I don't think inflation is low right now. They're working overtime to make it look low.

superidiot1932 on Dec 13, 2024 | [–]

being 100 bps off target is not a "high inflation environment"

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