Government numbers have got nothing to do with it.
I’m relying on real-life markets, i.e., capitalism.
In the past twelve months gasoline is down, steel is down, soybeans are down, lumber is down, cotton is down, nickel is down.
Tell me what numbers you are relying on.
Gold, copper, eggs, beef are all up. Gas is down because Biden released our reserves.
And government numbers are what the fed and markets look at. Not your trips to Costco.
Inflation remains persistently elevated. Nothing is falling, just growing slower than before but we certainly are not going to see pre pandemic prices in awhile.