![Prices increase in the past 12 months across the US and the EU. Inflation from July 2021 to July 2022. US uses CPI to calculate inflation. US inflation is 8.5%. EU uses Prices increase in the past 12 months across the US and the EU. Inflation from July 2021 to July 2022. US uses CPI to calculate inflation. US inflation is 8.5%. EU uses](https://preview.redd.it/15ltn6ef0vi91.png?width=640&crop=smart&auto=webp&s=961b7c1c66dbc2488da804a448e7e8eab7c29298)
Prices increase in the past 12 months across the US and the EU. Inflation from July 2021 to July 2022. US uses CPI to calculate inflation. US inflation is 8.5%. EU uses
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