Did prices actually drop or did they just go up more slowly? 8.5% is still a pri... | Hacker News

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s1artibartfast on Aug 10, 2022 | parent | context | favorite | on: U.S. annual inflation rate drops to 8.5%

Did prices actually drop or did they just go up more slowly? 8.5% is still a price increase

doubleunplussed on Aug 10, 2022 [–]

8.5% is the year-on-year figure. The month-on-month figure was 0.0%, so prices neither grew nor fell on average in July.

s1artibartfast on Aug 11, 2022 | [–]

Looks like gas went down and other goods went up

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