Posted on 12/18/2025 5:57:07 AM PST by Fury
Key Points
The consumer price index rose at a 2.7% annualized rate last month, a delayed report from the Bureau of Labor Statistics showed.
Economists polled by Dow Jones expected CPI to have risen 3.1%.
Core CPI, which strips out volatile food and energy prices, was also cooler than anticipated, increasing 2.6% over 12 months.
(Excerpt) Read more at cnbc.com ...
I guess it shows that inflation may be lowering, but the overall price inflation I believe was still based on Biden era prices which were extreme in certain cases. Happy to see that gasoline is really experiencing lowered PRICES & not just lowered inflation. Something was said on TV last night about it being $1.99/gallon somewhere. Now that’s real downturn on prices.
How do you get 5 economic forecasts? Ask 3 economists what they think will happen.
Lower than expected by the Communist Press.
Big whoop. The squeeze between housing costs and worker wages is the main issue, and the mass deportations that could address both aren’t being implemented.
DRINK!
$1.97 in Pittsburg, Missouri. Sam’s Club in Springfield, Missouri has it at $1.99. Per Gas Buddy.
Below $2 in lots of places in OK.
2.17 here in AR
Yes lower then wages increase
That can’t be right.
The nooz babe on CBS after Trump’s speech last night said it was 3%. They wouldn’t make sh!+ up just to attack Trump or his policies? Would they???
Prices rarely retreat. Of course stuff that is based on commodities (shipping costs, fertilizer, etc) will fluctuate. But the cost of hard, produced items (washing machines, cars, etc) are likely not to drop.
Post inflationary cycle, price growth will slow and wages will tend to increase. It is unlikely that we would enter a deflationary period against the dollar.
In the mean time, companies will reap the “profits” of higher prices while production costs remain “stable.”
Tariffs are likely already “priced” in.
Oh, the usual unexpected comment.
Approaching $5.00 in California.
snicker
How much money do average Americans waste. Seems like lots of people just party. Sure there are some who watch their money, because they do not make enough money. Lots of people still eat out, drink and are merry.
2.54 here in Tallahassee, Florida - when gas prices go lower it ripples thru the economy to lower prices across other goods and services...
Good one!
There’s not so much “average Americans” now as upper and lower Americans by economic status.
The uppers spend like there’s no tomorrow because they’re in a good situation. The lowers are scrambling in retreat.
PCE report of last week does not concur, and PCE is the preferred measure.
I do wish the President had not fired that Democrat who managed BLS statistics. That immediately generates suspicion about the purity of reports.
ZH quotes some Goldman people saying things like grain of salt and noise.
It’s pretty much impossible for CPI and PCE to differ by this much.
But tariffs!
Not good enough. It seems many Americans voted for Trump with the belief that in a few months, prices would come down to 1960s level, with zero inflation, and wages increasing to an average of $400k per household. They voted for Trump, but expected Santa Claus. Now, they’re ready to punish Republicans.
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