Inflation fell to its lowest annual rate in more than two years during June, the product both of some deceleration in costs and easy comparisons against a time when price increases were running at a more than 40-year high.
Inflation fell to its lowest annual rate in more than two years during June, the product both of some deceleration in costs and easy comparisons against a time when price increases were running at a more than 40-year high.
I just read that link. I appreciate the information. I have read a one or two articles regarding it. Nice to see it straight from the source. And ya, it’s the opposite of suspicious. It’s exceedingly reasonable minute adjustments spread over long periods of time. The opposite of what I keep reading on every thread in certain circles.
The only changes in the last 5 years (none in the last two years) were:
_ •Replaced Telephone Point-of-Purchase Survey (TPOPS) as source of retail establishment frame with data from the Consumer Expenditure Surveys (CE)
•Eliminated redundancies and inefficiencies in survey operations and reduced household burden
•Use of Quarterly Census of Employment and Wages business registry to refine the location and address data from the CE
I can’t even try to spin that as a way to manipulate the data if you paid me to take Alex Jones spot at infowars.
Superstonk baggage handlers, crypto bros, doomers etc have their own foundations in reality based on things they read without fact checking.