Headline has big emphasis on energy which has fallen heavily due to overestimation of demand I believe so more supply less demand lowered prices so headline went down. However core doesn’t include energy and included more lagging behind items such as food which will benefit from lower diesel prices but haven’t reflected fully yet.
I’m pretty stupid so I probably missed something important but that’s about the general idea.
Name_Found t1_j3y1s80 wrote
Reply to comment by Born_Room7048 in [OC] I used prediction market data to chart inflation forecasts over the course of December by dynosaur7
Headline has big emphasis on energy which has fallen heavily due to overestimation of demand I believe so more supply less demand lowered prices so headline went down. However core doesn’t include energy and included more lagging behind items such as food which will benefit from lower diesel prices but haven’t reflected fully yet.
I’m pretty stupid so I probably missed something important but that’s about the general idea.