66 Trump Economy up, Democrats polling dropped 49 points this last week (twitter.com) posted 1 year ago by Ahaus667 1 year ago by Ahaus667 +66 / -0 18 comments share 18 comments share save hide report block hide replies
It absolutely is not. "Year over year" is a relative measure. Inflation is 2.4% above where it was this time last year. The inflation rate is almost certainly double digits at this point.
The random person on twitter that OP is quoting is misusing the terms and is generally confused about relative vs absolute numbers.
Here's a graph: https://tradingeconomics.com/united-states/inflation-cpi