Fresh vegetables are over 44% more expensive today than they were three months ago, on an annualized basis.

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[–] 0 points 4 months ago (3 children)

Fresh vegetables are over 44% more expensive today than they were three months ago, on an annualized basis.

This is a terrible way to phrase this. It's actually just wrong. Vegetables aren't 44% more expensive than 3 months ago.

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  • [–] 0 points 4 months ago (2 children)

    It's saying they've increased 9 or 10 percent over 3 months. There's 12 months in a year (annualized), which if that rate continues for a year that'd then be 40-50 percent annualized.

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  • [–] 6 points 4 months ago

    I know what they were trying to say. That's not what they said, though.

    Saying something is x% more expensive than y period of time ago (if you multiple it by a different number to pretend it's a much longer period) is just nonsense, because in the end it is not that much more expensive over the defined period.

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