It's bad news "from the perspective of the economy" .. a healthy economy has a certain amount of unemployment, and growth.

When trying to cool it off to correct it, seeing more growth on top of it can be seen as a negative.

To the average person, it's seems like good news. We're living in very confusing times -- economic growth = bad, low unemployment = bad, massive layoffs in some industries yet still low unemployment = bad.

The problem is, it's not the wallet of the citizens, inflation is being driven by companies arbitrarily raising their prices (or reducing costs, features) because "everyone else is doing it." There's a reason some countries have a Windfall tax, so the government can step in and say "look here f***heads, you're gouging everyone."