4 ms·
Many prices change seasonally; comparing inflation to the rate 12 months ago accounts for any seasonal variance.
by jdenning 3y ago
Many prices change seasonally; comparing inflation to the rate 12 months ago accounts for any seasonal variance.
- dragonwriter 3y agoFirst: the 12-month trailing rate compares price level, not inflation rate, to 12-months ago. Second, looking at the monthly seasonally adjusted numbers also accounts for seasonal variance.