To: econjack
As the article says farther down, it's technically true "if you’re comparing the seasonally-adjusted change from June 2022 to July 2022 for 'urban consumers.' The Consumer Price Index for All Urban Consumers (CPI-U) was unchanged in July on a seasonally adjusted basis. However, the more broadly analyzed and reported inflation statistic is the year-to-year (July 2022 vs. July 2021) increase in inflation for “all items” – which rose 8.5% - as BLS reports in the next sentence"
19 posted on
08/10/2022 8:24:14 PM PDT by
Schatze
(It's better to keep your mouth shut and appear stupid than to open it and remove all doubt.)
To: Schatze
26 posted on
08/11/2022 1:50:41 AM PDT by
griswold3
(When chaos serves the State, the State will encourage chaos.)
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