Inflation Is Cooling, Leaving America Asking: What Comes Next?

[progree]

6. That year-over-year crap still makes inflation out to be red hot high and just beginning to ease

a little.

NYTimes article (no paywall) https://archive.is/2XKtj

A look at the last 6 months and graphs of the monthly increases show that recent inflation (as opposed to the year-over-year crap full of old data) shows that inflation is way down, not just 1/4 of the way down from its June peak that one would surmise from the year-over-year graph. Only an idiot gauges RECENT inflation from year-over-year numbers.

Last 6 months ANNUALIZED:

CPI: +1.9%
CORE CPI: +4.6% < == this is still high. Last 3 months: 3.2% annualized

PPI: -0.2%
CORE PPI: +2.6%

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CPI graph thru December
https://cpiinflationcalculator.com/the-consumer-price-index-dropped-0-1-seasonally-adjusted-and-rose-6-5-annually-in-december/



CORE CPI thru December monthly changes in tenths of a percent:


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{#} Producer Price Index - PPI

Latest PPI summary http://www.bls.gov/news.release/ppi.nr0.htm

Producer prices front page: http://www.bls.gov/ppi/

Producer Price Index (PPI), seasonally adjusted
http://data.bls.gov/timeseries/WPSFD4?output_view=pct_1mth

OLD CORE PPI - Producer Price Index, seasonally adjusted - Final demand goods less foods and energy -
http://data.bls.gov/timeseries/WPSFD413?output_view=pct_1mth

CORE PPI - Producer Price Index, seasonally adjusted - Final demand goods less foods. energy. and trade services -
http://data.bls.gov/timeseries/WPSFD49116?output_view=pct_1mth

More at the Inflation Megapost https://www.democraticunderground.com/10143007428#post2
(has not been updated yet for today's PPI numbers)

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PPI graph:


CORE PPI graph: (PPI less food, energy, and trade services)