3 ms·
Inflation was expected to go down not up.
by hartator 3y ago
Inflation was expected to go down not up.
- yellowstuff 3y agoNo, the consensus estimate was a .3% rise, so a .2% rise is lower than expected by Wall Street analysts. You may be confusing rate vs level.
- esc861 3y agoThis report is actually better than expected: https://www.cnbc.com/2023/07/12/inflation-rose-just-0point2percent-in-june-less-than-expected-as-consumers-get-a-break-from-price-increases.html https://www.cnbc.com/2023/07/12/inflation-rose-just-0point2p...
- tekla 3y agoIt did go down.
- jussij 3y agoThis column found on that page indicates inflation has gone down: Un-adjusted 12-mos. ended Jun. 2023 3.0% I'm pretty sure the last reported USA annual inflation figure was 4%.
- ilikehurdles 3y agoIt did go down. You’re confusing disinflation with deflation.