[OC] Prices for common food products, August 2010 vs 2022.Submitted by robert_ritz t3_xulfo3 in dataisbeautiful
Nobody4831 t1_iqxg4ch wrote
Reply to comment by robert_ritz in [OC] Prices for common food products, August 2010 vs 2022. by robert_ritz
This graph can be misleading a 5% increase in bacon will look significantly larger than a 5% increase in rice
robert_ritz OP t1_iqxzq5d wrote
Hence the term slope. The slope of the line tells you the rate of change.
Nobody4831 t1_iqy7hwz wrote
Slope will look different 2 to 3 dollars is 50% 4 to 6 is 50% bigger difference the slope portrays a 20 cent change the same, but not a 20% change
robert_ritz OP t1_iqyb7g7 wrote
In percent terms true. I’ll add that chart to the blog post I think.
Alas I can only post one chart at a time here.
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