7 ms·

Seasonally adjusted != multiply by 12. Prices naturally fluctuate throughout the year due to weather, consumer patterns, and business cycles. Seasonal adjustm

by treis 4y ago

Seasonally adjusted != multiply by 12. Prices naturally fluctuate throughout the year due to weather, consumer patterns, and business cycles. Seasonal adjustment is an attempt to account for those changes.

reedjosh 4y ago
Beyond seasonal price fluctuations, wouldn't it be 1.04^12 = ~6% annually?
- Izkata 4y ago
  0.4% is 0.004, so 1.004^12 = 1.049... or 4.9%
  - reedjosh 4y ago
    Derp, yeah. Thanks.
JumpCrisscross 4y ago
> Seasonally adjusted != multiply by 12 My brain swapped annualised with seasonally adjusted. Sorry.