https://archive.ph/newest/https://www.ft.com/content/74c1efc2-ae2a-4a67-8cae-d4f518ed105a
US inflation unexpectedly held steady at 2.7% in July
https://www.ft.com/content/74c1efc2-ae2a-4a67-8cae-d4f518ed105a
https://www.ft.com/content/74c1efc2-ae2a-4a67-8cae-d4f518ed105a
2 Comments
MrTrono@lemmy.world · 6 pts · 1y
Ahh yes, inflation held steady after firing statisticians that report accurate data. That checks out nothing to see here
Fermion@mander.xyz · 3 pts · 1y
This article presents incomplete information. Overall CPI held steady at 2.7%, but core CPI which excludes food and energy costs because of their volatile nature, hit a 6 month high of 3.1%. Total CPI was suppressed by falling fuel prices and moderate food increases. So we should expect to see overall CPI tick up in subsequent months as fuel prices level off.