Just In: Inflation was 3% in June (y/y). That's an incredible drop from a year ago when inflation was 9.1% (y/y) in June 2022.
Rent/shelter accounted for 70% of inflation in June 2023.
**Wages are now rising faster than inflation**
Spotify already shines as a very good app to be used passively, running in the background while we do all sorts of other things. This seems like a big misstep in product discovery to me