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News@lemmy.worldEnglish · 2 months ago

US inflation rose to 3.8% in April, eroding Americans’ paychecks

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US inflation rose to 3.8% in April, eroding Americans’ paychecks

TryingToBeGood@reddthat.com to

News@lemmy.worldEnglish · 2 months ago

US inflation rose to 3.8% in April, eroding Americans’ paychecks | CNN Business

For the first time in three years, Americans’ wages are no longer outpacing inflation.

Spiffy. :/

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EndlessNightmare@reddthat.com
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2 months ago
Is that inflation in the month of April, i.e. inflation for one month rather than an annual rate?

Yes, I know what the article says. It just doesn’t match real-world observations. Lies, damn lies, and statistics.

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