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News@lemmy.worldEnglish · 3 days 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 · 3 days 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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3 days 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.
- PotatoesFall@discuss.tchncs.de
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  3 days ago
  Usually inflation is calculated per month but over a full year. So this is inflation since april 2025

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