3 ms·
Perhaps, but 0.6% core inflation MoM is still a more updated metric than 8.2% (overall) YoY, which is explicitly ignoring that overall inflation has subsided in
by ozb 4y ago
Perhaps, but 0.6% core inflation MoM is still a more updated metric than 8.2% (overall) YoY, which is explicitly ignoring that overall inflation has subsided in the last few months.
That is, I agree with the OP if all we have are the non-core numbers, but with the core numbers it's more nuanced.