Quote:
Originally Posted by aka123
US too has inflation as far as I know. Big influencers to inflation are usually oil prices, food prices and house prices. The inflation is calculated from a "basket" of goods, those have different kind of emphasizes in the overal calculation.
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Sure, inflation is always better than deflation. However, if inflation is way below target (assuming target is around 2%) then wont lower oil prices decrease it even further?
Well im not a US person so im curious what kind of inflation people here are seeing? Are you seeing it in goods? Or products? Looking at the property and stock markets, there is obvious asset price inflation but what about food price inflation?