Historical Average Monthly Inflation Shows That Inflation is Typically Lower at End of Year 1950-2022 CPI-U Annualized [OC]Sparta89 OP t1_j2tw74u wrote
Reply to comment by ImagineLosingTheGame in Historical Average Monthly Inflation Shows That Inflation is Typically Lower at End of Year 1950-2022 CPI-U Annualized [OC] by Sparta89
This data demonstrates than inflation is typically lower in the second half of the year, especially in November and December. So it would appear this year the inflation data is simply following the historical trend. Only if inflation doesn't rise in the January to March data can you say that inflation has peaked and isn't following the trend.
ImagineLosingTheGame t1_j2un1u3 wrote
Yes, but I was saying that even the seasonally adjusted figures, which adjust for the historical monthly trend, are lower.
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