In a shocking turn of events, experts report that the inflation rate has dropped to 2.9%, leading to widespread confusion among the general public who seem to think this means prices are going down.
‘Inflation is the rate of increase in prices, not the price in itself,’ explained one economist, while another added, ‘Inflation going down means the rate at which it was going up has decreased.
Good news is only when prices go down. Not inflation going down.’ Meanwhile, the general public continues to scratch their heads, wondering why their wallets are still feeling the burn.
