People are getting confused by this
The YOY is 7-9%
The monthly change is around .5-.8% , so nowhere close to 16%
16% inflation in 2 months would be very, very bad!
The YOY is 7-9%
The monthly change is around .5-.8% , so nowhere close to 16%
16% inflation in 2 months would be very, very bad!
From 7% 10% rise is 0.7%.