This MoM increase was higher than about 70% of previous changes on the same interval. It's not so extreme that we can reasonably infer from it a looming disaste

This MoM increase was higher than about 70% of previous changes on the same interval. It's not so extreme that we can reasonably infer from it a looming disaster. Looking at the 7 month change (year to date), 63% of the time you'd see a higher increase than this. The "direction of travel is up", but that's almost always the case.