You are correct. The inflation rate for October was not flat. it was down.
From the rate in September. The October rate annualized is under 3%. The 12 month rolling rate is now down to 3.2%, historically a pretty low rate.
Yes, many of us did know that the inflation rates experienced prior to the last 12 months would eventually slow because we actually understood why they were high. You neither understood nor we’re predicting a slow down. Because you don’t know what you’re talking about.
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In response to this post by TomKazanski)
Posted: 11/14/2023 at 10:00AM