3 ms·

It is trending down, but "the high inflation period" didn't end last year, it's still ongoing. We're nowhere near where we used to be: https://www.usinflation

• blitzar 4y ago
  March 2023 1 month inflation is 0.1% - should that repeat every month (obviously it wont) for the next 12 months, 1.2% annual inflation. The June print for healine annual inflation (from the prior 12 months) is going to be ~3%. Negotiate your wage increases before it is too late.
  • trashtester 4y ago
    > March 2023 1 month inflation is 0.1% Only due to shifts in food and energy prices, which are both highly volatile. Exclude those, and there is still 0.3% month-on-month inflation, or 3.6 annualized, which is still almost 2x the target.
• dragonwriter 4y ago
  That’s the 12 month trailing rate for each month, not the monthy rate.
  • Izkata 4y ago
    If the high-inflation period had ended in the first half of 2022 as you said, then the 12-month rate would already be back to normal. It's not.
    • dragonwriter 4y ago
      > If the high-inflation period had ended in the first half of 2022 as you said, then the 12-month rate would already be back to normal. It's not. It would be absent in the first release in which the high inflation period was 12+ months in the past. That would be the release covering June 2023; the most recent release. covers March 2023. Kind of weird that you’d answer “in which month would the high inflation ending in Jun 2022 be just part of the baseline prices and not a factor in the 12-month trailing increase?” with some answee that is March 2023 or earlier, and not June 2023.