In 2022, muchoftheworldexperienced a periodofuncommonlyhighinflation, withthe U.S., U.K. andEurozoneallpeakingataround 10%, meaningthatpricesonaveragewere a full 10% higherthanoneyearbefore.
Thoughthat's probablynot a surprisetoanyonewatchingthis.
It's thankfullynowclosertothenormalrange, ifstill a bithigh.
Butinfuriatingly, sincethischartjustshows a rateofchange, thatdoesn't meanthatpricesaredown.