this post was submitted on 06 Nov 2023
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Oh how I hate those graphs that could but doesn't start at zero.
It wouldn’t make any sense in this case, their prices never started at 0.
It's about perceived change.
For me it's not the same if 1000 to 1001 shows up as a 50% hike because the diagram starts on 999, as a 1 to 2 hike which also shows up as a 50% with the diagram starting at 0.
They both look the same, but in the first case the hike is 0,1% as in the second it's really 50%.
So for me it's bad journalism or trying to fake things (which here isn't needed IMO).