The Soapbox

BocaHoo91

Joined: 06/03/2005 Posts: 31158
Likes: 52685


The monthly rate was 0.1% which ticked up slightly from last month's


0.0%, but still works out to an annualized rate of 1.2%. That's a good number. The core was a bit higher at 0.3% (roughly 3.6% annualized).

The annual reported number which is based on the last 12 months, ticked down from 3.2% to 3.1% because in the trailing 12 month calc, we dropped November of last year which was 0.2% and replaced it with November of this year which 0.1%.

Overall it's a good report. The market seems to think so too. It's not a "holy shit, what an amazing CPI report" result, but it is most certainly not a bad report as JM and his linked article suggest.

(In response to this post by Hoodafan)

Posted: 12/12/2023 at 2:32PM



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Current Thread:
  I honestly don't think he does know it. -- Shenhoo 12/12/2023 2:31PM
  Wooooooooooosh. -- Hoodafan 12/12/2023 2:33PM
  OK Groomer. ** -- Hoodafan 12/12/2023 2:45PM

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