November CPI preview: Inflation likely eased last month, but Fed's job isn't over

[progree]

2. Today's report: Last 5 months, ANNUALIZED: CPI: 2.47%, CORE CPI: 4.72%

Today's LBN posting: https://www.democraticunderground.com/10143006888

CPI: https://data.bls.gov/timeseries/CUSR0000SA0
CORE CPI: http://data.bls.gov/timeseries/CUSR0000SA0L1E


CPI:
YEAR Jan Feb Mar ... Nov
2022 281.933 284.182 287.708 288.663 291.474 295.328 295.271 295.620 296.761 298.062 298.349
2022 0.6 0.8 1.2 0.3 1.0 1.3 0.0 0.1 0.4 0.4 0.1 (1mo change)
2022 1.9 2.0 2.7 2.4 2.6 2.6 2.3 1.4 0.5 0.9 0.9 (3mo change)
2022 7.5 7.9 8.6 8.2 8.5 9.0 8.5 8.2 8.2 7.8 7.1 (12 mo change)



CORE CPI:
YEAR Jan Feb Mar ... Nov
2022 286.431 287.878 288.811 290.455 292.289 294.354 295.275 296.950 298.660 299.471 300.066
2022 0.6 0.5 0.3 0.6 0.6 0.7 0.3 0.6 0.6 0.3 0.2 (1mo change)
2022 1.7 1.7 1.4 1.4 1.5 1.9 1.7 1.6 1.5 1.4 1.0 (3mo change)
2022 6.0 6.4 6.4 6.1 6.0 5.9 5.9 6.3 6.7 6.3 6.0 (12mo change)

CPI 5 months annualized: (298349/295328)^(12/5)-1 = .0247 = 2.47%

CORE CPI 5 months annualized (300066/294354)^(12/5)-1 = .0472 = 4.72%