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Comment by adamors | Hacker News Reader

It’s not insane since it’s not in Euro.

In Romania I’m getting 7% in the local currency, but inflation is much larger than in the Eurozone so it doesn’t really mean anything.

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What actually matters to an Eurozone resident is the currency movement against EUR, not the local consumer price inflation - you don't need to be a local consumer at all. These indicators don't move in lockstep, in case of CZK they actually moved in the opposite direction than expected.

>but inflation is much larger than in the Eurozone

I doubt it. The RON has been stably held to the Euro. It's still 5 RON = 1 Euro like before. So the RON inflation should be tracking exactly the same Euro inflation.

The new trend in Europe is to talk about consumer price inflation (increase) when they say "inflation". What they mean is that usual stuff (food, building materials, etc) costs more. There's no reason the local prices should track EUR "inflation", and it's true that they don't.

How much that matters to you is another thing - it matters a lot to a poor/average wage person, I think it doesn't mean much when you're making a SWE salary.

Sure, but on HN we can only talk about CPI, as that's what every government reports and it's something we can easily compare. We can't compare each other's own inflation because we live in different countries and have different jobs, expenses, lifestyles, etc.

We all know "the real inflation I'm feeling is higher than the one reported by the government" trope but there's nothing we can do about it here and now.

The RON has not moved against the EURO.

Yeah, RON hasn't moved against EUR - but the price of bread, butter, eggs, ham, cheese etc in RON (as well as EUR) has moved up. That's not pegged to prices anywhere.

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