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by cwilby 1316 days ago
That literally leads to the conclusion that prices rose, in your example.
1 comments

The conclusion that “prices rose” is the correct one. What you should not conclude, even though the inflation has been at 20% all year is that “prices are (still) rising”.
But they have risen since last year. YoY they are still rising.
You can't use "rising" to strictly talk about the past. You need to expect it in the future too. If you don't expect the price to be higher a year from now, then it's not "rising YoY", it merely "rose YoY".