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Go on then (sh.itjust.works)
submitted 3 months ago by StarvingMartist@sh.itjust.works to c/simpsonsshitposting@sh.itjust.works
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[-] TranscendentalEmpire@lemmy.today 37 points 3 months ago

apply a monthly inflation rate of 2.7

I don't think the inflation rate is supposed to be compounded on a month to month basis. 2.7 is supposed to track changes in the consumer price index over the course of the entire year.

[-] Microw@piefed.zip -2 points 3 months ago

At least here in central europe, inflation rate is always monthly

[-] PartyAt15thAndSummit@lemmy.zip 8 points 3 months ago

Unless you live in a country with hyperinflation, it's always month x of year y, compared to month x of year y-1.

[-] wewbull@feddit.uk 6 points 3 months ago

No. It's calculated each month for the previous 12 months.

this post was submitted on 15 Aug 2025
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