Core CPI dropped to 0.3% MoM
Looking at the individual line item list was interesting to see that discretionary items pulling down index and substitution pulling it up.
Example watches deflating, meat deflating, eggs inflating
Things people buy still rising, things people can no longer afford to buy falling....
Looking at the individual line item list was interesting to see that discretionary items pulling down index and substitution pulling it up.
Example watches deflating, meat deflating, eggs inflating
Things people buy still rising, things people can no longer afford to buy falling....