Um—the last 5 months have been hugely deflationary. Food is higher than a year ago but most other things are down. Housing prices are way down, clothing & electronics are way down, gas is the lowest it’s been in 5 years, commodity prices are down on average around 60%. Stocks are down 40+%, corp bonds are down, assets dropped $10 trillion in value. Car values are down. Almost everything is down.
What about compared to a year ago? Of course they came down in the last five months.
Also, notice now they are adding fuel and energy into the CPI whereas before it was separate.