How do you play with inflation numbers around the world? 7% YoY does not seem an... | Hacker News

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wslh on July 25, 2023 | parent | context | favorite | on: Alphabet Announces Second Quarter 2023 Results [pd...

How do you play with inflation numbers around the world? 7% YoY does not seem an increase. US official inflation rate is 8% and inflation is calculated based on a basket that is different from inflation based on specific industries.

comicjk on July 25, 2023 [–]

US inflation YoY was 3% as of the most recent data. https://ycharts.com/indicators/us_consumer_price_index_yoy

ericpauley on July 25, 2023 | [–]

4.8% excluding food and energy (as is standard): https://www.bls.gov/news.release/cpi.nr0.htm

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