40% ?!?!?!?!?!!?!??!?!?! That’s like sending the country to the bottom at rocket speed.
Per ZH, 40%:of the expected 8.8% is from gas and food.
https://www.zerohedge.com/markets/deese-nuts-white-house-says-no-recession-preemptively-blames-scorching-cpi-stale-gas-data