Well that is how it works. CPI is a trailing indicator, if those things are truly better then we will see it next month.

Can't just wish these things away.

Spartan

"Don't worry it'll go down" again and again and again. Yet it keeps going up

nerd2ninja

While today’s headline inflation reading is unacceptably high, it is also out-of-date. Energy alone comprised nearly half of the monthly increase in inflation. Today’s data does not reflect the full impact of nearly 30 days of decreases in gas prices, that have reduced the price at the pump by about 40 cents since mid-June.

bitcoin

White House says CPI is unacceptably high and "out of date"

Majjin

From the White House:

>While today’s headline inflation reading is unacceptably high, it is also out-of-date. Energy alone comprised nearly half of the monthly increase in inflation. Today’s data does not reflect the full impact of nearly 30 days of decreases in gas prices, that have reduced the price at the pump by about 40 cents since mid-June. 