• Shardikprime@lemmy.world
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    8 days ago

    This US INFLATION ‘increase’ is about the smallest possible;

    the headline is at best misleading and sensationalism at worst.

    ’ UNEXPECTEDLY INCREASES’ should say ‘inched from 2.9% to 3%, which happens routinely at the beginning of every year’.

    0.1% is the smallest unit it can go up by.

    This is literally a nothing burger

    • fine_sandy_bottom@discuss.tchncs.de
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      8 days ago

      I agree that it’s probably a sensational article. No matter what the numbers actually are - it’s too early to draw a line to Trumps policy decisions.

      It’s cherry picking, but I’ll point out the 15% increase in the cost of eggs due to Avian flu. I mean, if we blamed Biden for inflation over the last several years then we can place this at Trump’s door step surely?

      In any case, I look forward to seeing the MAGA-splaining in the coming months.

      • billwashere@lemmy.world
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        8 days ago

        Is it too early? Considering that a substantial portion of our imported goods originate from a country subject to a 10% tariff, wouldn’t this policy inevitably lead to significant price increases for those products?