That’s old information. With July, August and September data, we are out of the economic recession now.
It’s a very modest growth, but it’s there, without price controls, without printing money likey no tomorrow and more important, without 211% inflation over our shoulders
We also have a good growth forecast of between 4% to 6% for next year. Things are improving slowly but surely
Palm Beach. There is also lots of others
Proof?
You’d be surprised… people here are still surprised that food priced keep rising even tho inflation is less each month
I mean maybe people intuitively understand that when you press your breaks, the car won’t stop instantly
And apply that analogy to that of inflation rato slowing, but always positive until full stop
But not all people, even less the opposite party
The article does say it is the inflation for the month of October. It literally says MONTHLY inflation.
The 200% is the YOY inflation, inter annual.
For context, 2023 we ended with 211% yearly inflation rate
It’s evident that YoY inflation curve is going to overlap with this year’s inflation.
YoY inflation reached its peak at about 289% and it’s now at 193%, once we leave the 2023 inflation curve behind, that number won’t matter anymore
For anyone interested, the current yearly inflation is at 107%
107%<211%
I mean isn’t that good? Love prevails
Shipping your things? Lmao 🤣
Jack shit is how. Some people are just too mentally burned
THE SODA HAS OVERTAKEN THE POP FRONT! COKE HEADS, FALL BACK!!
Marvelous and joyful news
They checked out
Which ones? You can buy food, medicine and books online. I find hard to think of what you cannot buy online in these days.
Unless it’s a very niche store, almost anyone can buy anything online, if they have the money of course
Is buying online not a thing or did I miss something
Sounds like Venezuela and socialism, only difference is that leftism there destroyed the opportunity to have multiple cereal brands.
Exactly. The article never hides it’s monthly inflation tho, don’t know why to point specifically to that.
Anyways, Annual inflation curve has been going down steadily, that’s very positive for us down here. It peaked at 287% or something in April. And now we are looking at an annual future value of 125% this year and 45% next year
That’s dropping A LOT!
Also 4% monthly is very good for our standard of 18% monthly average from last year. Actually improvement has been great on that front, prices have been steady as well since at least 6 to 4 months ago
A year ago? That would have been impossible to dream about
That’s literally Venezuela
Yeah bro is an absolute madlad, that’s what we like about him