0:00
/
0:00
Transcript

Inflation Heats Up As Expected…But More Than It Should (Video)

November CPI Data An Object Lesson In Details

That some prices rise and some prices fall tells us once again that the impact of inflation is most of all one of distortion. Prices are not merely rising or falling in absolute terms, but are rising and falling with respect to each other. That goods prices are falling magnifies the degree to which service prices are rising. That energy prices are falling makes us more aware when food prices are rising. These distortions within consumer prices are the damage that inflation does to an economy.

All Facts Matter is a reader-supported publication. To receive new posts and support my work, consider becoming a free or paid subscriber.

Make A Donation Via Ko-Fi

Links And Sources

  1. November Consumer Price Index Summary https://archive.ph/A3l8H

  2. Headline and Core Inflation Month on Month: https://fred.stlouisfed.org/graph/?g=1C7md

  3. Food Price Inflation Month on Month: https://fred.stlouisfed.org/graph/?g=1C7mS

  4. Wall Street Equity Indices, Dec 10-11, 2024: https://invst.ly/17z24-

  5. Energy Price Inflation Month On MOnth: https://fred.stlouisfed.org/graph/?g=1C7nF

  6. November Crude Oil Futures: https://archive.ph/GGWnS

  7. Energy Price Inflation Seasonal vs Unadjusted Data: https://fred.stlouisfed.org/graph/?g=1C7Bh https://fred.stlouisfed.org/graph/?g=1C7Bh

  8. Commodities Futures: https://archive.ph/QUu7q

  9. Durable Goods Inflation, Seasonal vs Unadjusted Data: https://fred.stlouisfed.org/graph/?g=1C7GK https://fred.stlouisfed.org/graph/?g=1C7Pu

  10. Nondurable Goods Inflation, Seasonal vs Unadjusted Data: https://fred.stlouisfed.org/graph/?g=1C7Hl https://fred.stlouisfed.org/graph/?g=1C7PI

  11. Food Price Inflation Seasonal vs Unadjusted Data: https://fred.stlouisfed.org/graph/?g=1C7Fm https://fred.stlouisfed.org/graph/?g=1C9Kw

  12. Service Price Inflation Seasonal vs Unadjusted Data: https://fred.stlouisfed.org/graph/?g=1C7Hm

  13. Unadjusted Headline and Core Inflation Year on Year: https://fred.stlouisfed.org/graph/?g=1C7Hm