I was skeptical that month-over-month CPI had come down to reasonable levels over a wider time window, but it is much lower than the same period a year ago, and close to recent historical norms outside that inflationary spike. I am eager to see Tuesday's numbers for February inflation.
* 2016: 0.01
* 2017: 0.20
* 2018: 0.27
* 2019: 0.10
* 2020: 0.21
* 2021: 0.30
* 2022: 0.61
* 2023: 0.27
Raw monthly data: https://data.bls.gov/timeseries/CUSR0000SA0&output_view=pct_...
I was skeptical that month-over-month CPI had come down to reasonable levels over a wider time window, but it is much lower than the same period a year ago, and close to recent historical norms outside that inflationary spike. I am eager to see Tuesday's numbers for February inflation.