Hasn't inflation gone down to ~3%?

_heimdall · on Dec 4, 2023

Sweden's current inflation rate is 4.2%

https://www.riksbank.se/en-gb/monetary-policy/the-inflation-...

COGlory · on Dec 4, 2023

Has it? Nothing in my life except gasoline has gotten any cheaper.

Edit: I misread the comment. I am aware of the difference between rates and absolutes.

dagw · on Dec 4, 2023

That isn't what the inflation number means. An inflation rate of 0% means prices stop going up and stay at their current level, not that prices go down. Prices going down would be deflation, and that almost certainly won't happen.

u320 · on Dec 4, 2023

The other mistake you made was assuming that your personal experience is valid for the economy as a whole.

COGlory · on Dec 4, 2023

No, I made it quite clear it was a question.

ahtihn · on Dec 4, 2023

Why would it get cheaper with a low inflation rate?

Low inflation rate means stuff get more expensive slower. It's still getting more expensive.

namtab00 · on Dec 4, 2023

that's not what "less inflation" means