dChan
Anonymous ID: ce7461 Dec. 12, 2023, 9:15 a.m. No.20063352   🗄️.is 🔗kun   >>3459 >>3472 >>3495 >>3791 >>3845 >>3860 >>3876 >>3894

YoY Measures of Inflation: Services, Goods and Shelter

 

[Bureau of Lying Shitheads BLS latest and the FOMC uses all these releases to determine “policy”].

 

Go here: http://www.shadowstats.com/alternate_data/inflation-charts

Cap 5 is from what was used in 1990 and Clinton admin changed it all up for the biggest set of changes ever iirc but moar done since then (site is nigh on impossible to read on muh phone-ymmv) so the release used as sauce here is moar “in line” with narrative speak so wut is being reported. Here are a few measures of inflation: Cap 2 is the one Fed Chair Powell had mentioned earlier when services less rent of shelter was up 7.6% year-over-year.  This declined sharply and is now up 3.5% YoY and shows the YoY price change for Services and Services less rent of shelter through November 2023. Services were up 5.2% YoY as of November 2023, up from 5.1% YoY in October. Services less rent of shelter was up 3.5% YoY in November, up from 3.0% YoY in October. The second graph shows that goods prices started to increase year-over-year (YoY) in 2020 and accelerated in 2021 due to both strong demand and supply chain disruptions. Durables were at -1.6% YoY as of November 2023, up from -2.1% YoY in October.

Commodities less food and energy commodities were unchanged YoY in November, unchanged from 0.0% YoY in October.

 

Goods inflation was transitory. [ok….:I did you see or witness that?-there’s that word again and yeah you can show it is but….). Shelter was up 6.5% year-over-year in November, down from 6.7% in October. Housing (PCE) was up 6.9% YoY in October, down from 7.2% in September. The BLS noted this morning: "The index for shelter continued to rise in November". Core CPI ex-shelter was up 2.1% YoY in November, up from 2.0% in October.

https://www.calculatedriskblog.com/2023/12/yoy-measures-of-inflation-services.html