Aug 6, 2021 - Economy & Business

Inflation curiosity peaked in May, according to Google searches

Data: Google; Chart: Axios Visuals
Data: Google; Chart: Axios Visuals

Google searches for "inflation" and "hyperinflation" are running at less than a fifth of their early-May highs.

Why it matters: Worry about inflation can be a good thing, economically, if it brings forward spending that would otherwise have been delayed. But it can also become self-fulfilling, at least in theory.

The big picture: It's been so long that inflation was a real problem that you can forgive Americans for wanting to look it up.

The bottom line: Searches on "inflation" are driven more by media handwringing than they are by actual retail prices.

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